I would just point out that virtually all mortgage lenders require that the borrower provide a "gift letter" if gifted funds are being used for a down payment.
Using gifted funds for a down payment can definitely have an effect on mortgage approval.
https://www.lendingtree.com/home/mortgage/gift-letter-for-mortgage/#:~:text=What%20is%20a%20gift%20l...
**Answers are correct to the best of my ability but do not constitute tax or legal advice.**
