What Needs To Be Included In A Proof Of Funds Letter?
When you request a proof of funds letter, it should contain some key information, including:
Your bank or financial institution’s name and address and a signature from an authorized employee or notary
- An official bank statement
- The balance of your funds in a checking or savings account
- The date the funds in the account were verified
Beyond the basic requirements, the letter may provide extra information based on the loan you’re applying for and the property you’re buying.
Proof Of Funds Letter Template
Here’s an example of what a proof of funds letter template can look like:
[DATE]
[BANK NAME]
[BANK ADDRESS]
[CONTACT EMAIL OR PHONE NUMBER]
Dear [NAME],
This letter is to certify that [BUYER OR COMPANY NAME] has been a client since [YEAR] and has a combined balance of [DOLLAR AMOUNT] in cash deposits with our bank.
The funds are held in [BUYER OR COMPANY NAME’S] accounts. Attached you will find copies of bank account statements for each account.
Feel free to contact us at [CONTACT EMAIL OR PHONE NUMBER] if you require more information or have any questions.
Sincerely,
[SIGNATURE]
[BANK REPRESENTATIVE NAME AND TITLE]
