Must match the borrower or the purchasing LLC. Balance: The total amount of accessible funds.
Be prepared to explain the "trail" of the money to comply with Anti-Money Laundering (AML) laws. PROOF OF FUNDS APARTMENT LOANS
A formal letter showing an available, undrawn line of credit. Must match the borrower or the purchasing LLC
Documentation from a 401(k) or IRA (if accessible). 🔑 Key Components of a POF Letter PROOF OF FUNDS APARTMENT LOANS
Personal or business checking and savings accounts.
Recent Comments