Overview
When applying for a loan, you may need to provide documentation to verify your identity, income, employment, education, or other details. The documents required depend on your financial profile and the information provided in your application. This guide outlines the types of documents you may need to submit.
General Requirements for All Documents
Your documents must:
✔ Be clear and legible (show all relevant details, full document pages, and no edits or obstructions)
✔ Be recent (for income and employment verification, typically within the last 30 days)
✔ Include your name and any applicable organization details (e.g., employer, school, or financial institution)
✔ Match the information provided in your loan application
Types of Documents You May Need to Provide
Identity Verification
To confirm your identity, we may request:
U.S. Federal or State Government-issued photo ID (driver’s license, passport, or state ID)
Social Security Number (SSN) verification (if not confirmed during application)
Utility bill (to verify address)
Income Verification
To verify your income, you may need to submit:
- W-2 Employees: Most recent pay stub (within 30 days) or an official job offer letter if newly employed
- Independent Contractors & Gig Workers (1099 Income): Most recent full tax return (Form 1040) and a bank statement showing recent deposits
- Self-Employed & Business Owners: Most recent full tax return and proof of recent income deposits
- Retirement & Pension Income: Annual benefits letter or recent income verification
-
Alimony, Spousal Support, or Child Support: Court order/agreement detailing payment amount, frequency, and duration
- Note: You are not required to disclose income from alimony, child support, or separate maintenance unless you wish to have it considered as part of your application.
- Rental Income: Most recent full tax return verifying rental income and proof of recent rental payments
- Trust or Pension Payments: Statement from pension plan or letter from trust administrator
- Disability Benefits: Benefits letter stating amount, frequency, and duration of payments
- Unemployment Benefits: Government benefit letter, 1099-G tax form, and proof of recent payments
Employment Verification
To confirm employment details, we may request:
Recent pay stub or job offer/contract from your employer
Business license or tax filings (for self-employed applicants)
Education Verification
If education information is required, you may be asked to submit:
Official or unofficial transcript from your school
Diploma or degree certificate
Additional Documentation Requests
We may request further documents if there are inconsistencies in your application or missing information. If additional verification is needed, you will be notified and provided with instructions on how to submit the required documents.
Next Steps
Before submitting your loan application, ensure your documents are complete, legible, and meet the verification criteria. If you have questions about acceptable documents, contact support for guidance.
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