Increase Your Odds of Securing the Deal
Congrats! You found a great investment deal and now you’re ready to get it under contract. If you want your offer to stick and have some real weight behind it, make sure you include a proof of funds letter.
Proof of Funds Letter Benefits
- 24/7 Proof of Funds Availability for Real Estate Investors
- Verification of Funds When You Need It
- Shows you are a Serious Investor
- Make offers confidently & get properties under contract fast
Get Your Proof of Funds Letter In Less Than 5 Minutes
Check out some of our clients’ successful deals below!
FAQs
It’s a document that identifies you have the liquid cash available to complete a transaction, i.e. your real estate deal.
Even if you want to make a cash offer on a property, many sellers and/or their agents will want to make sure you can put your money where your mouth is!
This one document allows you to communicate that you’re a legitimate buyer and have the funds to purchase the real estate immediately. This is especially important when multiple people are making offers on the same deal. Your proof of funds letter will set your offer apart from your competitors and keep your offer at the top of the pile.
A Proof of Funds letter is a SIMPLE, BUT POWERFUL, tool that significantly improves your chances of getting and closing your real estate deal. This document shows sellers that you’re not only a serious buyer, but that you have enough money to actually follow through on the purchase.
In fact, most borrowers and agents won’t even look at an offer unless there’s a Proof of Funds letter attached.
A proof of funds letter verifies and provides proof to a seller that the funds to purchase their property are available and ready to be used toward the purchase.
After you have determined that you want to make an offer on a property, the next step will be to acquire a proof of funds letter so you can get it under contract and begin the due diligence process.
What You’ll Need For Your Proof Of Funds Letter:
- The complete property address
- Purchasing entity name
- Purchase price (or amount you’d like stated on the proof of funds)
Why Cogo Capital?
With funds at the ready, Cogo Capital is happy to offer proof of funds letters to real estate investors. Cogo Capital issues proof of funds for current borrowers, as well as other investors that are serious about closing on a properties using Cogo Capital to help fund their deals. We know you need to move quickly and we can issue the document within minutes of your request!
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Byesville, OH
Borrower
R. Roberson
Loan Amount
$56,300
Client Stated Profit
$20,000
Niagara Falls, NY
Borrower
T. McGrady
Loan Amount
$74,750
Client Stated Profit
$30,000
Farmersville, TX
Borrower
B. Williams
Loan Amount
$53,500
Client Stated Profit
$20,000
New Orleans, LA
Borrower
D. Rivera
Loan Amount
$169,600
Client Stated Profit
$85,000
DISCLAIMER
Not available where prohibited by law, or in states where Cogo Capital does not trade. Loans are available only on non-owner occupied real property. NMLS #1760709; Arizona Mortgage Broker License #0950084; California Finance Lenders License 60DBO-101344. Loans are also available in California through Cogo Capital Orange County, Inc. – California DRE License #01928542; NMLS #1051036. Please click here for the Secured Investment Corp NMLS Consumer Access Page.
Proof of Funds Letters are not a guarantee for financing. All loan applications are subject to final underwriting. Cogo Capital Underwriting Guidelines are subject to change without notice. The above statement The above statements and Proof of Funds Letters are not and shall not, under any circumstances, be construed as a commitment on the part of Cogo Capital to provide any financing. COGO CAPITAL SHALL BE UNDER NO OBLIGATION TO FUND ANY LOAN TO ANY BORROWER UNLESS AND UNTIL IT IS SATISFIED, IN ITS SOLE AND ABSOLUTE DISCRETION, WITH ITS DUE DILIGENCE REVIEW AND FORMAL LOAN DOCUMENTS PREPARED BY ITS COUNSEL.
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