The following documents are all acceptable as proof of income declaration:

  • Last year’s state, federal, or tribal tax return
  • A Social Security statement of benefits
  • An Unemployment/Workmen’s Compensation state of benefits
  • A Veterans’ Administration statement of benefits
  • A federal or tribal notice letter of participation in General Assistance
  • A divorce decree, child support or other official document
  • 3 consecutive months of payroll statements or paycheck stubs (current year)

Other documents on a Case to Case basis that may be deemed necessary by the Bank or Financial Institution.

SELF-EMPLOYED - Small Business entrepreneur

Documentary evidence of Proof of Income for loan purpose:

Statement of Accounts (Balance Sheet & Profit & Loss Statement)

Tax Returns for last 3 years with 12 month projections.

A statement of taxable income from a certified accountant or tax consultant; or

The most recent Notice of Assessment from the Tax Office; or

A Statutory Declaration of gross income (only acceptable for up to 3 months, until one of the previous documents is provided).

Scholarships, Grants, and Education Benefits

A verification Form or letter from source is needed. And copies of latest benefit checks if amount is not expected to change over the next 12 months

Dividends or Interest Income, including Savings Accounts

Copies of current statements, CDs, or Form 1099 from the institution, if amount is not expected to change over the next 12 months.

Verification Form or letter from source.

Interest from Sale of Real Property

Verification Form or letter from the real estate agent, accountant, or other source including amortization table.

Copy of amortization schedule, with information to determine the amount of interest to be earned during the next 12 months.

In most cases, a letter DECLARATION must be detached and returned with your income verification documents.

Proof of Residence: photocopy of Electricity Bill, Telephone Bill, Ration Card. 



(Lender's Name)
(Lender's Address)
(Lender's fax number)

RE: Proof of Income Letter

Dear Ms/Mr. Rogers:

I am providing this letter to serve as evidence of my ability to pay my financial obligations.

I started working for (Employer Name) in (Month, Year). Currently, my annual/monthly salary is ($). My wife’s annual/monthly salary is ($). I am including my/our most recent paycheck stubs/tax returns as evidence of my/our earnings.

My/Our mortgage payments are ($) per month. I/We have living expenses (clothes, gas, groceries, etc.) of ($) per month. Utilities (Energy, Water) ($)/month. Insurance premiums (Life, Auto, Home) total ($)/month. And Property Taxes of ($)/month. My/Our credit card payments and auto loans total about ($)/month. I/We have savings, 401Ks and home equity. Please see attached spreadsheet for more details.

I/We request that you carefully review all the documents which accompany this letter in order to make your decision to grant my/our (loan, mortgage).

Please feel free to call me/us if you have any questions.

I/We can be reached at (Your Phone #).

Thank you for your time and assistance.


(Your Signature (s))
(Printed Name (s))
(Telephone numbers) 

IRS: Tax transcripts and copies of tax returns


Proof of your social security benefits

Healthcare verify information

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