General Income Documentation Requirements for DU
Base Pay (Salary or Hourly) Income
DU will require the following:
- a completed Request for Verification of Employment (Form 1005), or
- the borrower's recent paystub and IRS W-2 forms covering the most recent one-year period.
Bonus and Overtime Income
DU will require the following:base
- a completed Form 1005, or
- the borrower's recent paystub and IRS W-2 forms covering the most recent two-year period.
Commission Income
DU will require the following:
- a completed Form 1005, or
- the borrower’s recent paystub and IRS W-2 forms covering the most recent two-year period.
For additional information, see B3-3.5-01, Income and Employment Documentation for DU and B3-3.1-03, Base Pay (Salary or Hourly), Bonus, and Overtime Income.