Proof of Income
Provide proof of income:
Must cover a minimum period of 30 consecutive days and show year-to-date (YTD) earnings.
If you are Employed:
Provide a copy of consecutive pay stubs covering the last 30 day period showing YTD earnings
- Verify deposits appear in bank statements (circle or notate deposits)
- If paystubs do not have YTD earnings then a signed/dated letter of explanation (LOE) is needed from your employer stating YTD earnings as well as a W-2.
- If paystubs are handwritten, then attach paystubs covering a 60 day period (consecutive)
If you are Unemployed:
Evidence of the amount, frequency & duration of benefits (award letter).
If you are Self-employed:
Current YTD Profit and Loss (P&L) statement signed and dated along with previous YTD P&L statement signed and dated. Please indicate business name, date range, gross income, expenses an net income. If business is no longer solvent, then provide signed and dated letter of explanation (LOE) noting cause for dissolution of business.