1) One pay stub
Why is this needed:
If you are unsure if you are receiving acting pay, you can tell if your pay stub notes 'Acting Pay'.
Click here to see a sample of a pay stub noting Acting Pay.
2) Acting Pay letter
If you are receiving Acting Pay the lender will require a letter from your employer confirming your regular annual salary and when your acting pay ends.
Click here to see a sample substantive letter of employment.
1) Verbal confirmation with employer
Lenders may call your employer to do a verbal confirmation with employer.
Why is this needed:
Is the date on my past stub within the last 30 days?
Is the date on my letter of employment within the last 30 days?
Is my letter of employment on letterhead?
Does my letter of employment have a contact name and phone number on it?
If you answered YES to all of the above, please send the document
If you answered NO to any of the above, the document will not be accepted by the lender
Click here to return to the purchase checklist
"My name is Andrew Thake. I’ve been a mortgage broker and agent for over 15 years, and in that time I’ve helped over 2200 happy clients find the right mortgage solution for them and their situation."