What Is A Proof of Funds Letter?
The proof of funds letter, often referred to as POF, is often required by banks, auctions, and other sellers to get steeply discounted properties. Many of these properties are then renovated and flipped or kept
as rentals. The seller needs to make sure that the buyer can close and has the funds necessary. Hard Money Lenders like Gauntlet Funding issue proof of funds (POF) letter to their borrowers to show the
ability to close fast, often in 5-7 days.
This service is offered free of charge to our customers. If you are not currently a customer, we may need some additional information prior to providing a Proof of Funds Letter.
Fill out the form below completely: