| Salaried Employee |
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Last 2 years W-2's |
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Last 2 pay stubs |
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Full verification of employment including work
telephone number |
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Rental income |
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Rental Agreements |
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Tax returns to support |
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| Self-employed |
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Complete last 2 years tax returns |
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2 additional items: Business letter, CPA letter, and/or Reference letters |
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Rental income |
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Rental Agreements |
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Tax returns to support |
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| Alt Doc - Alternate Documentation requirements: |
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Complete 2 years of bank statements |
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Personal Bank Statements - 100% of deposits |
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Business Bank Statements - 50% of deposits
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2 additional items: Business letter, CPA letter, and/or Reference letters |
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Rental income |
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Rental Agreements |
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Tax returns to support |
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| Verified Assets Program (Stated Income) |
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Verified asset program, as an alternative to Full Doc or Alt Doc, is available to well qualified borrowers. Please contact a Loan Consultant for further details.
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