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Pension, Retirement or Social Security Income

You may be asked to provide verification documentation of funds in pension, retirement, or Social Security accounts if retirement funds are being used to help a customer qualify for a loan Examples of acceptable documentation are:
  • Letters from the organization listing the income
  • Copies of the retirement award letters
  • Most recent two months’ bank statements showing receipt of pension, retirement, or Social Security income
  • Tax returns
  • IRS 1099 forms

Survivor benefits must be verified as continuing for at least three years. Pensions must reasonably be expected to continue for a three-year period.

To avoid delays in processing your loan, please:
  • Make sure the copies you send are legible.
  • Do not include documents that have been altered with correction fluid or by other means.
  • Submit the entire requested document and include all pages (even blank ones).