Get Your Proof of Funds Letter

If you need a Proof of Funds (POF) Letter to make offers on properties, please complete the application on the Apply Now page and let us know in the comments section that you need a proof of funds letter. We will get right back to you ASAP. These days many realtors will not allow you to make offers without a POF. We will provide a POF letter in your name or your company's name. We want you to make offers and get those properties under contract.

Your POF Letter will be personalized and signed by us in PDF format. It will have the amount that we are willing to lend so the seller knows that you have the funds available to close in a timely manner. Once we issue the letter, you will be in our system. If the seller calls to verify we will let them know the funds are set aside for your transaction.

Being able to show proof to the seller will allow you to get more properties under contract in a timely manner. We will let the seller know that it is in his best interest to get the property under contract with you as we are awaiting the executed approved contract in order to start the loan process.

If you are not currently a borrower with Compel Capital, there is a one-time $195 processing fee for the proof of funds letter. However, once this fee is paid you are entitled to unlimited proof of funds requests. If for some reason you don’t get your first or second bid, we will be happy to continue issuing proof of fund letters as you continue your search for the perfect investment property. In addition, should you move forward with the project and choose to close a loan with us, the fee will be credited back to you on the HUD at closing.