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What is a ‘Proof of Funds’ Letter? What Homebuyers Should KnowYou may have already had your lender verify your source of income and the ... they’re looking to see as “proof of funds.” They might not require an official letter from the bank and instead ...
A benefits verification letter could be required for certain situations. "Because it is an official government document, it can be used as proof of income for financial and legal issues," Thelin says.
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