Income Validations/Temp Policies Related to Covid-19

Tax Returns and Transcripts are required for borrower(s) whose “self-employment” or “other” income sources is being utilized for the repayment of the mortgage. The number of years of tax returns and transcripts required will be based on the AUS findings except on the Preferred Jumbo product where 2 years and/or 3 years of tax returns and transcripts is required.

Additional information is provided on the Temporary Polices related to Covid-19.

Please click below to read the entire bulletin.

AC-002_1-15-2021_Income Validations TempPolicies Related to Covid-19