What can be used as a proof of income?

Pay stubs: Employers may provide you with a pay stub, also known as a pay slip or paycheck stub. You can use this as proof of income, providing details about your employer as well as how much money you made in a given pay period. read more

Income Copy of last year's federal tax return along with federal schedule E that accurately reflects current income (can be Federal or state). Wages and tax statement (W-2 and/ or 1099, including 1099 MISC, 1099G, 1099R, 1099SSA, 1099DIV, 1099SS, 1099INT). read more

Proof of income, like a signed letter from your employer, may be difficult to come by in the time you need. Also, take into account the processing time for the lender to approve and deposit the funds into your account. read more