Verification of Deposits and Assets
The lender can use a Request for Verification of Deposit (Form 1006 or Form 1006(S))* to verify that a borrower has sufficient funds for closing, down payment, and/or financial reserves. The information must be requested directly from the depository institution, and the complete, signed, and dated document must be sent directly from the depository institution.
For additional information, see B3-4.2-01, Verification of Deposits and Assets.
*For a complete list of forms used in fulfilling requirements contained in the Selling and Servicing Guides, see the Guide Forms page.