Must match the borrower or the purchasing LLC. Balance: The total amount of accessible funds.
Documentation from a 401(k) or IRA (if accessible). 🔑 Key Components of a POF Letter PROOF OF FUNDS APARTMENT LOANS
You can redact account numbers, but do not black out names or balances. Must match the borrower or the purchasing LLC
Must be recent (usually within the last 30–90 days). undrawn line of credit.
Lenders require it to verify you can cover closing costs.
A formal letter showing an available, undrawn line of credit.