What is the criteria that must be met in order to use handwritten pay stubs?
(A) W2 or tax returns for 2 full years. 12 month Ledger; 3 bank statements showing the deposits going in. 60 days worth of hand written pay stubs.
Borrower owns a 2 unit property with his sister and they make the payment out of a shared checking account. Sister lives in the property. Can we exclude from DTI?
(A) No, to exclude you must show ENTIRE payment is made by another party.
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