AC-004 Income Validation Reminders
NOTICE TO ALL CUSTOMERS
Income Validations Reminder
Tax Returns and Transcripts are required for borrower(s) whose “self-employment” or “other” income sources are being utilized for the repayment of the mortgage.
The number of years for tax returns and transcripts required is determined by the AUS findings except on loan products such as the Elite, Gold, Preferred and Sapphire Jumbo which have specific requirements.