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Answered 2006-07-31 22:59:18

A standard full documentation loan wants the borrower to be able to prove 2 consecutive years of commissioned income. They will usually require the last 2 years' tax returns along with the most recent month's paystubs. However, there are programs that allow other forms of documentation such as strictly bank statements or no verification of income at all usually at a slight increase in rate. If you need any further details on this or any other mortgage related topic feel free to contact me at 214)607-1445 or eloy@platinumfinancialonline.com. www.1800PFG.com

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