Interest and Dividends Income
The following table provides verification requirements for interest and dividends income.
Verification of Income From Interest and Dividends
Verify the borrowerβs ownership of the assets on which the interest or dividend income was earned.
Document a one-year history of the income, as verified by
copies of the borrower's signed federal income tax returns, or
copies of account statements.
Develop an average of the income received for the most recent one year.
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