If you want to help someone with a down payment, make sure you understand the rules.
You will need to send the lender a letter stating that the money is a gift, not a personal loan that will need to be repaid and that might make the borrower struggle to afford the mortgage.
The letter should include information related to you, the homebuyer, and the amount and source of the gift.
Keep detailed records showing where the money originated from and how you transferred it to the recipient.
Keep in mind, you may need to pay taxes on money given as a gift for a down payment.