From a banking point of view, A proof of funds which is also written as POF, is a commercial document that provides proof or indication that a person is able financially to perform a transaction. It is also commonly used as a document given to an investor by a third-party entity that certifies and provides proof to a seller of a property that the funds to buy their property are available and are ready to be used for purchasing. It can also be said as proof to a seller that you have sufficient funds to purchase their property. Whatever your concern is, drafting such a letter has become easy for you now by use of a proof of funds letter PDF template.
People who are looking for a mortgage loan generally require a proof of funds letter to submit to the bank. It provides proof to the bank on your behalf that you are financially capable of paying your mortgage. Thus, it provides the lending or selling party with assurance that the funds are attainable and legal as well. Furthermore, sellers often ask for some proof from a home buyer when the buyer is getting a mortgage. Most of them typically want to see evidence or proof that the buyer actually is able to pay the down payment or closing costs before agreeing to sell the property to the buyer.
Moreover, using a proof of funds letter sample, one can get a whole idea about what and how to include in the letter, and what should not. If you are going to obtain a mortgage, and need to write such a letter, or if you are going to buy a property and need to provide some evidence that you have sufficient funds for this purchase, then feel free to use our proof of funds letter PDF templates available below. Select any of these proof of funds letters available in Doc Format and make it yours by clicking the ‘Download’ button.
Here Are the Proof of Funds Letter Templates
Simple Proof of Funds Letter Template
File Size: 17 KB
Bank’s Proof of Funds Letter Template
File Size: 10 KB
Standard Proof of Funds Letter Word Template
File Size: 61 KB
Simple Proof of Funds Letter Template for Bank
File Size: 06 KB
Example Proof of Funds Letter Template in MS WORD
File Size: 09 KB
Fillable Proof of Funds Letter Template
File Size: 09 KB
Customizable Proof of Funds Letter Format
File Size: 11 KB
Generic Proof of Funds Letter Template
File Size: 07 KB
Formal Proof of Funds Letter Sample Doc
File Size: 11 KB
Standard Bank Letter for Proof of Funds
File Size: 04 KB