Jonathan Caguioa

Mortgage Advisor

NMLS: 250609 & CA DRE: 01137630

949-241-2527

lenderguide@allianzemortgage.com

Jonathan Caguioa Mortgage Advisor

INCOME DOCUMENTATION GUIDE

INCOME DOCUMENTATION GUIDE

SOCIAL SECURITY INCOME:

  • SSA Award or Benefit Letter AND
  • Most recent year's SSA form 1099/1042.s  OR
  • Most recent bank statements

PENSION INCOME:

  • Pension/Retirement Award Letter OR
  • Most recent year 1099 (showing distribution code 7). If not available then:
  • Letter confirming continuance AND
  • Most recent bank statement

EMPLOYMENT INCOME:

  • Most recent pay stubs covering at least 30 days
  • Two years IRS W-2 forms

ANNUITY INCOME:

  • Legal agreement establishing annuity
  • Most recent month's bank statement

401K INCOME:

  • Most recent 401K/IRA statement (if dissipating assets)
  • Most recent month's bank statement (to confirm monthly distribution amount)

SELF-EMPLOYMENT INCOME:

  • Most recent two year's federal tax returns (1040's)
  • Year to date profit and loss statement
  • Current Business License/Business filing OR CPA letter verifying business is active
  • Business Tax Returns (for partnerships and if incorporated)
  • Year to date balance sheet (not required for sole proprietorships)
  • Signed Partnership K-1 Forms for all limited partnership as well as general partnerships

RENTAL INCOME: 

  • Most recent 2 year's federal tax returns with Schedule E 
  • Current Lease Agreement/s

CHILD SUPPORT INCOME:

  • Copy of canceled checks or bank statements for last 12 months showing income deposits
  • Copy of court order

ALIMONY INCOME:

  • Copy of final divorce decree with all schedules and stipulations.