Proof | Of Funds Apartment Loans
You can redact account numbers, but do not black out names or balances.
A formal letter showing an available, undrawn line of credit. PROOF OF FUNDS APARTMENT LOANS
Stocks, bonds, or mutual funds (often valued at a haircut, e.g., 70-80%). You can redact account numbers, but do not
Personal or business checking and savings accounts. You can redact account numbers
Be prepared to explain the "trail" of the money to comply with Anti-Money Laundering (AML) laws.
Proves you have extra cash to handle initial repairs or vacancies. 📄 What Qualifies as Proof?
Must match the borrower or the purchasing LLC. Balance: The total amount of accessible funds.