2. Verifiable Proof of Income

1 Document

Acceptable income verification documents for employment income and other forms of income are included below. Applicants must provide verifiable proof of income. Failure to provide required income verification documents will result in cancelation of your application.

The gross monthly household income of all lease holder(s) will be considered jointly and must be more than or equal to THREE times the rental rate of the home.

Temporary Employment and Unemployment Income are not accepted as qualified forms of income.

W2 Pay Stub
- Pay stubs must be legible and include employer name, address and phone, applicant name, pay dates, YTD earnings and tax deductions. Pay stubs must demonstrate income of a minimum of the past 30 days from date of application.
- You may provide one of the following:
  - Most recent pay stubs showing income from the past 30 days
  - Three most recent consecutive months of bank statements showing deposits direct from the employer, mobile, or branch deposits

Letter of Employment
- Offer letters and transfer letters must be on company letterhead, signed by employer, include the employer contact information, employee start date, hours, and income.
  - Offer Letter - start date must be within 30 days of application date
  - Transfer Letter - must be dated within 30 days of application date

Self-Employed & Non-W2
- You may provide one of the following:
  - Previous three months personal bank statements as evidence of sufficient monthly income.
  - Three most recent consecutive months of bank statements showing deposits direct from the employer, mobile, or branch deposits
- If you have a business, you may be asked to provide the following:
  - Proof of business ownership
  - Articles or certificates of organization/incorporation
  - Bank statements including applicant name, bank name, and address
- Joint bank statements are not acceptable unless all account holders are applying as leaseholders. Transfers between accounts, Tax Refunds, and Application Payment Services such as Cashapp, Venmo, or others, will not be considered nor calculated as income.

Commission Only or Base Salary Plus
- If your income is based on a job that is commission only or base salary plus commission, tips, bonus or cash, you may provide one of the following:
  - Most recent pay stubs covering a period of one month. YTD may be used when calculating this income.
  - Previous three months personal bank statements as evidence of sufficient monthly income.

Other Sources of Income
- Child Support - Must be court ordered. Provide payment statement from the relevant state Child Support Enforcement Agency and bank statements covering the most recent three months.
- Alimony - Must be court ordered. Provide order from the relevant entity and bank statements covering the most recent three months.
- Social Security Income and Disability Income - Provide current government issued Award Letter for the current year reflecting yourself, the applicant, as active recipient OR one month of current bank statements or payment statement from the Social Security Administration or Veterans Affairs.
- Pension & Retirement Income - Provide current/relevant IRA and Investments statements valid within the last 30 days.
- Military Housing Eligibility - Provide the Basic Allowance for Housing (BAH) document and most recent Leave and Earnings Statement (LES). Orders are required for any changes in BAH not reflected on the Leave and Earnings Statement.
- Foster Child Payments - Provide formal letter from foster agency regarding foster income or relevant payment statement from the state Foster Care Agency.

6 results in topic "Checklist"

Move-Out Checklist

Application & Qualification Requirements

Pre Move-In Checklist

Property Inventory & Condition Form

Application Prep

Documents Required for Application

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