What is required for a lender?

Lenders typically require a signed statement with supporting account statements, proof of real estate values, and documentation for business interests. Specific requirements vary by lender and loan product; verify the lender’s checklist before submission.

Can I e-sign the statement?

Yes. Electronic signatures are legally recognized under the ESIGN Act (15 U.S.C. ch. 96) and UETA where adopted. Consumer-facing transactions may require an ESIGN consumer consent disclosure; confirm with the requesting party.

When is notarization needed?

Notarization is generally requested when the statement will be used in court, probate, or conveyance matters, or when the recipient explicitly requires it. State requirements differ; verify whether a notary or remote online notarization is required.

How often should I update it?

Update annually or whenever a material financial change occurs, such as a major asset sale, acquisition, or new significant liability. Lenders may request a current statement at closing or during active underwriting.

What supporting documents are typical?

Common attachments include recent bank statements, brokerage statements, mortgage payoff statements, property appraisals, and business financial statements. Provide authenticated or certified copies when requested.

How do I correct an error after signing?

Prepare a corrected statement, clearly mark the revision date, and have all parties re-sign. If the original was notarized, follow state rules for amended affidavits; consult counsel if the document has legal effect.

Electronic Signature
Templates
Personal
Personal Net Worth Statement

Personal Net Worth Statement

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

PERSONAL NET WORTH STATEMENT

This Personal Net Worth Statement sets forth all known assets, liabilities and other material financial information of the person identified below as of the date indicated. It is provided for the purpose of financial evaluation and may be relied upon by the recipient. The undersigned certifies the information contained herein is true, complete and accurate to the best of their knowledge, and acknowledges that deliberate misstatement or omission of material facts may result in civil or criminal penalties.

Declarant Information

Full Legal Name Current Address

Date of Birth

Telephone

Email

Statement Date

As of:

ASSETS

List and value all assets. For each asset category provide description, location or account reference, and estimated current value.

Cash and Bank Accounts (checking, savings) Investments (stocks, bonds, mutual funds) Real Estate (address, ownership interest) Vehicles (make, model, year, VIN) Personal Property (jewelry, art, collectibles) Retirement Accounts (IRA, 401(k), pensions) Other Assets (notes receivable, business interests)

LIABILITIES

List and value all liabilities, including outstanding balances and creditor names.

Mortgages or Home Loans Installment Loans (auto, student, personal) Credit Card Balances Taxes or Other Government Liabilities Other Liabilities (alimony, judgments, guarantees)

SUMMARY CALCULATION

Total Assets:

Total Liabilities:

Net Worth (Total Assets minus Total Liabilities):

CONTINGENT LIABILITIES & OTHER INFORMATION

Contingent Liabilities (co-signed loans, pending litigation) Annual Income and Monthly Expenses

DECLARATION AND AUTHORIZATION

I, the undersigned, declare under penalty of perjury that the foregoing statements are true, correct and complete to the best of my knowledge and belief. I understand that the recipient of this statement may rely on it in determining my financial condition for lending, leasing, employment, or other lawful purposes. I authorize the verification of any information contained in this statement, including obtaining credit reports, contacting financial institutions and other third parties, and reviewing public records as necessary to confirm the accuracy of this statement.

I agree to promptly notify the recipient in writing of any material change in my financial condition. I acknowledge that any willful misrepresentation or omission of material fact may subject me to civil liability and criminal prosecution under applicable law.

NOTARY (IF REQUIRED)

State/County of Jurisdiction:

Notary Name:

Commission Expires:

Printed Name:

Signature:

Date:

What a Personal Net Worth Statement Is

A Personal Net Worth Statement is a dated financial summary that consolidates an individual's assets and liabilities to calculate net equity. Typical entries include cash and bank accounts, investments, retirement accounts, real estate, business interests, personal property, and outstanding debts. Lenders, financial advisors, trustees, and courts use the statement to assess creditworthiness, collateral capacity, or eligibility for programs. The document often includes valuation notes, supporting schedules, and a signature attesting to accuracy. When delivered electronically, ESIGN and applicable state laws govern legal recognition and record retention requirements.

Why a Precise Statement Matters

A clear, accurate Personal Net Worth Statement speeds underwriting, simplifies due diligence, and reduces follow-up requests. It documents financial position for credit decisions, divorce or estate matters, and financial planning while providing a single, auditable snapshot of assets and liabilities.

Who Typically Prepares and Reviews This Statement

Common preparers and recipients vary by purpose; the list below shows typical roles.

Individual applicants for personal loans, mortgages, or lines of credit — provides lenders with a consolidated view of available collateral and debt exposure.
Financial advisors and planners — use the statement to design investment strategies and retirement projections tailored to net asset composition.
Attorneys, trustees, or courts — rely on signed statements in estate administration, divorce settlements, or insolvency reviews where verified asset disclosure is necessary.

Use these categories to determine the level of detail and supporting documentation required.

Representative Signatories

Borrower, Individual

A private individual preparing the statement for a lender or financial advisor. The signatory must enter full legal name, attest to the accuracy of listed values, and provide supporting documentation on request.

Corporate Officer, CFO

A corporate officer or authorized representative preparing a consolidated personal net worth statement for executive lending or board reporting. The signer should confirm ownership interests and attach valuation schedules for business equity positions.

Step-by-Step: Filling Out Your Statement

Follow these steps in sequence to prepare a complete, verifiable Personal Net Worth Statement.

01

Collect Records: Gather bank statements, account summaries, deeds, loan statements, and valuations.
02

List Assets: Enter cash, investments, real estate, and business interests with current values.
03

List Liabilities: Record mortgages, loans, credit balances, and other debts with outstanding amounts.
04

Sign and Attach: Sign the statement and attach supporting schedules and documentation.

Configuring an Online Completion Workflow

Set up fields, authentication, and routing to match the document’s sensitivity and the recipient's requirements.

Field	Configuration
Signature	Require signer signature and date fields; enable signer authentication.
Supporting Docs	Require file attachments for high-value accounts and appraisals.
Routing	Set sequential or parallel routing for multiple reviewers.
Retention	Enable copy retention and secure storage per policy.

Technical Requirements for Secure eSubmission

Confirm platform integrations, file formats, and authentication before sending sensitive financial information.

File Formats: PDF, DOCX, and scanned images supported.
Integrations: Works with CRM and storage platforms for automated routing.
Authentication: Supports email, SMS codes, and advanced verification.

Typical eSubmission Flow

A standard electronic workflow reduces turnaround time and preserves an audit trail for each action.

Upload Document: Sender uploads a completed or template statement to the eSignature platform.
Place Fields: Signer fields, date fields, and optional attachments are positioned on the document.
Authenticate Signer: Signer confirms identity via email link, SMS code, or higher-assurance method if required.
Complete and Store: Signed copy and audit trail are stored and distributed to recipients.

Must-Have Elements in a Professional Statement

A complete Personal Net Worth Statement balances readability with supporting detail so reviewers can verify material entries efficiently.

Asset Schedule

Organized list of liquid and illiquid assets with institution names and current values; include account numbers or reference IDs where privacy permits.

Liability Schedule

Detailed listing of debt balances, creditor names, maturity dates, and secured vs unsecured status for each obligation.

Valuation Notes

Methodology for estimating value (market comparables, appraisals, book value) and dates of valuation for each significant asset.

Supporting Exhibits

Attached statements, appraisals, tax returns, or business financials that substantiate high-value line items or ownership claims.

Attestation

A signed declaration affirming that the information is true and complete to the best of the signer's knowledge.

Confidentiality

A note or header indicating intended recipients and any handling instructions for sensitive financial data.

Common Preparation Pitfalls to Avoid

Using outdated valuations for volatile assets can misrepresent net worth and lead to additional verification requests.
Omitting contingent liabilities such as co-signed loans or pending tax obligations underestimates total liabilities.
Providing incomplete account identifiers or redacted supporting documents slows lender review and may trigger a request for notarized proof.
Entering rounded or estimated figures without a notation or supporting schedule reduces credibility and increases audit friction.

Risks and Consequences of Inaccurate Statements

Credit Denial: Application may be rejected.

Loan Recall: Lender may demand repayment.

Legal Liability: False statements can trigger civil claims.

Tax Exposure: Incomplete disclosures may prompt audits.

Delays: Verification requests extend processing time.

Identity Risk: Mismatched names cause authentication failures.

Typical Timing and Submission Expectations

Timing depends on the requesting party; plan ahead for verification and possible notarization steps.

On Request:

Provide within the timeframe specified by the lender or requesting authority, often 3–10 business days.

Before Closing:

Mortgage or loan closings generally require a current statement dated within the lender’s accepted window.

Annual Updates:

Many lenders request annual updates or updates when material financial changes occur.

Supporting Documents:

Attach recent statements or appraisals; expect 30 days for third-party verifications if requested.

Audit Response:

Allow extra time for notarization or legal review when the statement is used in litigation or probate.

eSignature Pricing and Feature Comparison

Basic pricing and feature availability across common eSignature providers. signNow is listed first per platform comparison standards.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies	Varies	Varies	Varies
Bulk Send	Yes	Yes	Yes	Yes	Varies
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Varies	Varies	Varies	Varies
Envelope Cap	No cap	100 envelopes/user/year	Varies	Varies	Varies

Real-World Uses and Outcomes

The following examples show how organizations applied electronic workflows to financial disclosures and statements.

Martin Properties

A small real estate firm standardized net worth statements for loan packages

Used mobile signing for remote investors
The firm reduced turnaround time and maintained compliant audit trails for lender review.

Optica Ventures LLC

A private investment firm required consistent statements from principals

Centralized submission improved review consistency
The process simplified due diligence and reduced requests for supplemental documentation.

Practical Tips for Accurate and Efficient Completion

Follow these best practices to reduce verification friction and improve document reliability.

Use Current Values

Update market-sensitive asset values immediately before submission and note valuation dates to avoid disputes.

Attach Evidence

Include recent account statements, appraisal reports, and loan balances for any material line items.

Standardize Format

Use a consistent template with labeled schedules to make third-party review faster and less error-prone.

Protect Data

Limit sensitive identifiers and use secure transmission methods with audit trails and encryption.

Frequently Asked Questions

Answers to common questions about preparing, authenticating, and submitting a Personal Net Worth Statement in the United States.

Need help? Contact support

What is required for a lender?
Lenders typically require a signed statement with supporting account statements, proof of real estate values, and documentation for business interests. Specific requirements vary by lender and loan product; verify the lender’s checklist before submission.
Can I e-sign the statement?
Yes. Electronic signatures are legally recognized under the ESIGN Act (15 U.S.C. ch. 96) and UETA where adopted. Consumer-facing transactions may require an ESIGN consumer consent disclosure; confirm with the requesting party.
When is notarization needed?
Notarization is generally requested when the statement will be used in court, probate, or conveyance matters, or when the recipient explicitly requires it. State requirements differ; verify whether a notary or remote online notarization is required.
How often should I update it?
Update annually or whenever a material financial change occurs, such as a major asset sale, acquisition, or new significant liability. Lenders may request a current statement at closing or during active underwriting.
What supporting documents are typical?
Common attachments include recent bank statements, brokerage statements, mortgage payoff statements, property appraisals, and business financial statements. Provide authenticated or certified copies when requested.
How do I correct an error after signing?
Prepare a corrected statement, clearly mark the revision date, and have all parties re-sign. If the original was notarized, follow state rules for amended affidavits; consult counsel if the document has legal effect.

be ready to get more

Join over 28 million airSlate SignNow users

Sign Now