Proof of funds letter
Need a proof of funds letter for a real estate offer? Sellers and listing agents often want to see that funds may be available before they take a contract, a cash offer, or an assignment seriously. Levine Capital reviews every request case by case and can provide a proof of funds letter for qualifying deals.
A proof of funds letter, often shortened to POF, is one of the first documents an investor or wholesaler is asked for — and one of the most misunderstood. A letter can help you present a credible offer. It is not the money, and it is not a loan approval.
This guide explains what a proof of funds letter is, who typically needs one, what Levine Capital can review, and how to request a letter. If you already have a property and an offer, start with our proof of funds request. To talk it through first, book a call or email loans@levinecapital.com.
What is a proof of funds letter for real estate?
A proof of funds letter for real estate is a statement that funds may be available for a proposed purchase. Sellers, listing agents, title companies, and sometimes auction administrators use it to decide whether an offer is worth taking seriously. What they usually want is a credible letter — not a screenshot of a personal bank account.
The letter supports the offer. It does not close the deal. Underwriting, title, and the actual source of funds still have to be reviewed if a loan, a deposit, or a closing is going to happen.
Make the request specific. Share the property, the offer, who the letter should name, and what it will support: the contract, an earnest-money deposit, or an assignment. Use the buying entity’s legal name as it appears in the filing. If the price, buyer, or contract changes, ask for an updated review rather than reusing an older letter.
A proof of funds letter is not:
- A loan approval or a rate lock
- A commitment to lend or a guarantee that a closing will fund
- Cash sitting in your account, or the earnest money itself
- Transactional funding for a double close
- A substitute for a Quick Quote or a full loan file
Who needs a proof of funds letter?
Anyone making an offer that a seller or agent will treat like cash — or that has to look fundable on short notice — may be asked for a POF letter. That includes investors buying to rehab or hold, and wholesalers trying to get a contract accepted.
Wholesalers
Sellers and agents often ask for proof of funds before they will accept a contract, take a deposit seriously, or approve an assignment. For qualifying wholesale deals, we can review a letter request and, separately, help with the exit.
Fix-and-flip offers
Flippers are often asked for a letter when they present a cash-style offer. The request form includes Fix & Flip as a loan product, with purchase price, rehab budget, and after-repair value among the details we collect.
Cash offers
A cash offer is more credible when it comes with a verifiable letter. If you actually plan to close with a loan, say so early. Telling a title company it is a cash purchase when it is really a loan can delay closing.
Buy-and-hold and rentals
Investors using a DSCR rental path can request a letter on that product. The form also collects estimated rent, taxes, and insurance so the review matches a hold strategy rather than a flip.
Morby Method and creative deals
Seller-financed and creative structures still need a credible offer package. We can review the letter, and later the first-loan and seller-carry pieces, through our programs. Flag Morby Method on a Quick Quote when that is the structure.
Auctions and short timelines
Auction houses and tight-deadline sellers often want current proof of funds with the bid or offer. We review those requests the same way as any other deal: case by case, for qualifying properties in states where we lend.
A preferred lender for SubTo and Owners Club
As a member of Pace Morby’s Owners Club, SubTo, and Gator communities, Adam Levine and the Levine Capital team work with wholesalers and creative-finance investors who think in assignments, double closes, seller terms, and exits.
Levine Capital is a preferred lender for the SubTo and Owners Club communities, and a go-to lending resource for wholesalers bringing those deals and their end buyers to us.
If the end buyer is using seller financing behind a first loan, see our Morby Method page and our guide to 90% CLTV investor purchases with a seller carryback. The broader wholesaler path is on our For Wholesalers page.
Adam Levine also owns three independent sites so investors and wholesalers can model a deal before it reaches underwriting:
SubTo.ai
A subject-to education hub with an in-browser deal evaluator, rental cash-flow worksheet, field guide, and closing and partnership checklists.
MorbyMethod.ai
Creative-finance calculators for Morby Method (seller finance plus DSCR), gap funding, subject-to, and BRRRR, along with learning guides.
StackMethod.ai
The same calculator set framed around the Stack Method capital stack, a DSCR first lien plus an approved seller second.
These tools give estimates for education. They aren’t appraisals, loan decisions, or offers. They are independent resources, not official Owners Club or Pace Morby tools or an implied endorsement.
Request your proof of funds letter
Have a property and an offer ready? Submit the request and we will review it. A letter is not a loan approval or a commitment to lend.
What Levine Capital offers
Levine Capital can provide a proof of funds letter for qualifying deals. Borrowers and wholesalers working a deal can submit the request. Every letter is reviewed before it goes out. Investor- and wholesaler-friendly does not mean automatic.
The official request form asks you to choose a loan product and a loan amount in the ranges shown there:
| Product on the request form | Loan amount range shown | Deal details collected |
|---|---|---|
| Fix & Flip | $50K to $5M | Purchase price, rehab budget, as-is value, after-repair value |
| DSCR | $55K to $2M | Purchase price, as-is value, estimated rent, taxes, and insurance |
| Ground Up | $50K to $5M | Purchase price, construction budget, after-built value |
Those ranges describe what the form collects. They are not a promise that a letter, or a loan, will be issued at any amount. Experience level and an estimated credit score are also requested so the review has context. There is no published minimum credit score or deal-count for a letter on the request page.
We do not currently lend in Arizona, Minnesota, Nevada, North Dakota, Oregon, South Dakota, Utah, or Vermont. If the property is in one of those states, do not assume a letter or a loan will be available.
How to request a proof of funds letter
The preferred path is the request form. It takes the borrower and property details we need to review the file. You can also email loans@levinecapital.com or call (772) 732-0757, Monday through Friday, 9:00 AM to 6:00 PM ET.
- Open the request form. Go to levinecapital.com/proof-of-funds-request/.
- Enter the borrower information. Full name, entity name as it appears in the filing, email, phone, estimated credit score, and experience level (from 0 to 10+ completed deals).
- Select the loan product that matches the offer: Fix & Flip, DSCR, or Ground Up, plus the loan amount and the property figures for that product.
- Add the property address and any message the team should know, such as whether the letter is for a contract, a deposit, or an assignment.
- Submit the form. We review every request case by case before a letter goes out.
If you already have an end buyer who needs financing, send them to a Quick Quote as well. A quote and a letter are separate reviews. One is not approved just because the other is in process.
When you need more than a letter
Sometimes the real issue is not documentation. It is the deposit, the A-to-B purchase in a double close, or the end buyer’s loan. Those are separate conversations, and Levine Capital can review them through our programs.
Earnest money
If you need the deposit funded rather than a letter that documents capacity, see our earnest money deposit page and the guide to EMD versus transactional funding.
Transactional funding
If you cannot assign the contract and may need a double close, we can evaluate short-term capital for a qualifying A-to-B purchase. Read transactional funding for wholesalers.
End-buyer loans
Your buyer can be reviewed for Fix & Flip, DSCR, bridge, Ground Up, or Morby Method / Stack Method structures. Start a Quick Quote and, if you referred the buyer, say so.
Wholesalers can also get help checking numbers and choosing an exit — assignment, double close, or creative terms such as the Morby Method and Stack Method. That advisory help is not a promise that a buyer will be found or that a sale will close. See our proof of funds and dispo advisory post, or submit a deal through the Wholesaler Network.
How the review works
- Tell us what you need. A proof of funds letter, transactional funding for a double close, help disposing the deal, financing for an end buyer, or a combination.
- Share the facts you have. Property address and condition, contract or offer terms, deposit, target closing date, whether you plan to assign or double close, and whether a buyer is already in place.
- We review the scenario through our programs. A letter, a transactional-funding discussion, and an end-buyer loan are separate reviews.
- If a path may fit, we discuss conditions, documents, and next steps with you and, when relevant, the buyer and the closing team.
Levine Capital programs are for business-purpose, investor loans, not owner-occupied home loans. Terms depend on the borrower, the property, and the transaction. Nothing here is a guarantee of approval, rate, or closing timeline.
If you regularly introduce investor buyers, consider the Connector program or a referral partnership. Compensation is discussed per deal and is typically paid when a referred loan actually funds.
Frequently asked questions
What is a proof of funds letter for real estate?
It is a statement that funds may be available for a proposed purchase. Sellers and agents use it to gauge whether an offer is serious. It is not a bank-balance screenshot, and it is not a loan approval.
Is a proof of funds letter a loan approval or a commitment to fund?
No. A letter shows funding capacity for an offer. It is conditional. It is not cash in your account, not the earnest money, not credit approval, and not a commitment to lend. Any loan is still subject to underwriting and availability.
Who can request a letter from Levine Capital?
Borrowers and wholesalers working a deal. Submit the proof of funds request with accurate borrower and property details, and we will review it. Letters are issued for qualifying deals only.
How do I request a proof of funds letter?
Use the request form with the entity name as it appears in the filing, the property address, the loan product, and the offer details. You can also email loans@levinecapital.com, call (772) 732-0757, Monday through Friday, 9:00 AM to 6:00 PM ET, or book a call.
How much does a proof of funds letter cost?
If our team asks you to pay the $100 Proof of Funds letter fee, you can check out securely on the request page. Payments process as LEVINECAPITAL.COM. Do not send payment unless the team has asked you to.
Can I get proof of funds for a wholesale contract or assignment?
For qualifying deals, yes. Submit a request with accurate property and offer details, and tell us whether the letter is for the contract, a deposit, or an assignment. A letter is not a loan approval or a commitment to lend.
Is a POF letter the same as transactional funding or earnest money financing?
No. A letter documents capacity for an offer. Earnest money financing is about funding a deposit. Transactional funding is short-term capital that may be used to close a qualifying A-to-B purchase in a double close. Each is reviewed on its own.
Do you work with SubTo, Owners Club, and Morby Method deals?
Yes. Adam Levine is a member of Pace Morby’s Owners Club, SubTo, and Gator communities, and Levine Capital is a preferred lender for the SubTo and Owners Club communities. That is not an official lender relationship or an endorsement. Review starts with a Quick Quote or our Morby Method page.
Where do you not lend?
We do not currently lend in Arizona, Minnesota, Nevada, North Dakota, Oregon, South Dakota, Utah, or Vermont.
What if the price, buyer, or contract changes?
Ask for an updated review rather than reusing an older letter. A letter written for one offer, entity, or property should not be edited or recycled for a different deal.
How fast will I receive a letter?
Every request is reviewed case by case. The office is available Monday through Friday, 9:00 AM to 6:00 PM ET. We do not publish a same-day or guaranteed turnaround, because timing depends on a complete request and the review.
Ready to request a proof of funds letter?
Submit the request with the property and offer details. If you also need a quote for the loan itself, start a Quick Quote or book a time to talk.
Educational information, not legal, tax, or lending advice. Proof of funds letters, loan programs, and terms are subject to review, underwriting, and availability. A proof of funds letter is not a commitment to lend or a guarantee of approval, rate, or closing timeline. Levine Capital programs are for business-purpose, investor loans only, not owner-occupied home loans. Obtain appropriate legal, title, and licensed professional guidance for your transaction.
