What does POF proof of fund mean?

Proof of funds (POF) refers to a document or documents that demonstrate a person or entity has the ability and funds available for a specific transaction. Proof of funds usually comes in the form of a bank, security, or custody statement.  

Related Terms

English Tudor Style Call Option Inspection Incurable Defect Extension Option Project Budget Townhouse Trade Equity Investment Property Home Equity Conversion Mortgage Verification of Deposit Annual Percentage Rate (APR) Facade Fixed Time Foreclosure Operating Expenses Tenant Improvements Curable Defect