What Is a Proof of Funds Letter in Real Estate  DoubleClose.com
                     Proof of Funds in Real Estate: Everything 
You Need to Know 
What Is a Proof of Funds Letter?
• It’s an official document that guarantees 
you have sufficient money to pay for the 
real estate transaction
Who Issues Proof of Funds?
• A proof of funds letter is issued by 
banks, credit unions, or any financial 
institution that holds your money
A Proof of Fund Letter Will Include:
 Bank’s name and address 
 Bank statement 
 Balance of total funds in your account
 Signature of an authorized bank 
employee 
Why Do You Need a Proof
of Funds Letter?
• It’s a document often required for 
the home-buying process. A seller 
will demand a proof of funds letter 
to proceed with the sale. 
How to Get a Proof of Funds Letter
 Have the funds ready in your account 
 Request the POF from the bank
 Produce the letter when necessary
Pre-approval Letter Versus POF 
• A pre-approval letter states that 
you’re qualified for a loan. But 
POF is a document that states you 
already have the funds in your 
account. 
Do you need quick funds and loan approval letter to double 
close a real estate transaction?
We can help!
 At DoubleClose.com, we fund your real estate deals across the 
USA for double closing situations. We can provide the necessary 
loan approval letter to make your transaction successful 
Visit 
www.doubleclose.com 
for more details