Signed by a representative on official bank letterhead. ⚠️ Important Considerations
A formal letter showing an available, undrawn line of credit. PROOF OF FUNDS APARTMENT LOANS
Be prepared to explain the "trail" of the money to comply with Anti-Money Laundering (AML) laws. Signed by a representative on official bank letterhead
💡 Always keep a fresh, dated POF on hand. In a competitive market, being able to attach this to your Letter of Intent (LOI) can be the difference between winning or losing a property. PROOF OF FUNDS APARTMENT LOANS