Does DU allow a written VOE or Form 1005 to document income?

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.