3.2.6
Income Acceptable documentation to verify income includes one of the following: Pay statement dated within 45 days of the application verifying employment including the applicant’s name, address, and wages or salary. Applicants may choose to provide more than one pay statement, from a time period of up to six months, if the most recent pay statement is not representative of regularly earned income (i.e., the most recent pay statement includes overtime or is not representative of the typical number of hours worked); Signed letter verifying employment from the employer on official business letterhead that includes the applicant’s name, address, start date of employment, and wages or salary, dated within 45 calendar days of the application; Current payment receipts within 45 calendar days for services rendered where the type of employment may not generate an earnings statement or pay statement, such as but not limited to a restaurant server, cosmetologist, or operator of a vehicle-for-hire; or To verify income from self-employment, independent contracts, gig work, or other non-traditional work arrangements applicants can provide one of the following: o Recent tax returns, 1099s, or other wage statements; o Contracts that demonstrate income earned within 45 calendar days; o Payment receipts for services rendered within 45 calendar days; o Bank statements that demonstrate income earned within 45 calendar days; o Recent profit/loss statements; o Self-employment ledgers demonstrating income within 45 calendar days; or o Any other documentation that reasonably establishes self- employment income earned within 45 calendar days.