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Proof Of Funds - POF

Proof Of Funds - POF Definition

Proof Of Funds (POF) refers to a document that demonstrates that a person has enough money for a transaction. In case of mortgages sellers often require a proof that the borrower has loan approval from a financial institution in order to see that the funds needed for the transaction are obtainable. The proof of funds is provided in the form of a bank, security or custody statement.

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Proof Of Deposit - POD







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