Get your taxes done using TurboTax

You, as the child of the donor, are not a skip person. The GST does not apply.

 

See https://www.irs.gov/instructions/i709#en_US_2021_publink16784xd0e1608

 

If a payment (of the type you mentioned) is made directly to a lender on your behalf, a gift has still been made by your parent.