An Alta administrator must ensure every lender meets the basic requirements above. This includes providing basic company information, like the lender’s legal entity name and EIN, as well as proof of funds through recent bank statements, tax returns, or a letter from your bank. This process can be done digitally, where the lender provides all requested information by uploading documents to our secure platform. If you prefer to be verified directly by an Alta admin, we can schedule a lender verification meeting instead. Verification times take 48 hours after all information has been provided.