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Updated over 3 years ago on . Most recent reply

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Douglas Turner
  • Investor
  • Indianapolis, IN
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How to get proof of funds

Douglas Turner
  • Investor
  • Indianapolis, IN
Posted

Hello, 

I am going to look at a residence next week and the realtor is asking me for a proof of funds.  How would one go about doing this.  I obviously don't have the funds I'm attempting to do creative financing.  What should I do?

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Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • Rancho Cucamonga, CA
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Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • Rancho Cucamonga, CA
Replied
Originally posted by @Douglas Turner:

Hello, 

I am going to look at a residence next week and the realtor is asking me for a proof of funds.  How would one go about doing this.  I obviously don't have the funds I'm attempting to do creative financing.  What should I do?

 You need to get pre approved before you go out looking at homes.  At this point you don't know what you qualify for so unless you're paying cash you need to get pre approved asap.  

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