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During processing, an underwriter needs to verify a salaried borrower's income. Which document set most directly supports qualifying income for a W-2 wage earner?
a.Recent pay stubs, prior-year W-2 forms, and a verification of employment
b.Two years of Schedule C business tax returns and a profit-and-loss statement
c.A signed gift letter and the donor's bank statement
d.The purchase contract and the seller's disclosure statement
Giải thích
For a W-2 wage earner, income is documented with recent pay stubs, prior-year W-2s, and often a verification of employment (VOE). Schedule C and P&L statements apply to self-employed borrowers, and gift letters or contracts document other loan facts, not wage income.
Luyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
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