What income and income documents should I include on my loan application? – SoFi

Income Type	What documents do we need?	Additional documents that may be required	Notes
Alimony/Child Support	Documentation (a final divorce decree, court-ordered separation agreement, or other legal agreement) that proves income will continue for at least 3 years. Evidence of full receipt of regular, timely payments for the most recent 3 months (bank statements or monthly statements from the Department of Child Support Services).	Additional supporting documentation may be required if needed to prove income will continue or child support will be paid within a specific period of time.	Please keep in mind, you do not have to include any alimony, child support, or separate maintenance income if you do not want it to be considered for repaying your loan with SoFi.
Bonus	At least a recent 2-year history of earning this income type, even if through different employers	Historical information such as your current and end-of-year pay stub(s).	We cannot use a W2 for this as it will not separate out your earning types.
Commission	Recent 3-month history of earning this income type, even if through different employers	Historical information such as your current and end-of-year pay stub(s).	We cannot use a W2 for this as it will not separate out your earning types.
Military	Most recent pay stub. May include base, BAS, BAH, and market pay as part of your income	N/A	For U.S. military members or government personnel. Combat and flight pay may also be acceptable.
Overtime	Recent 3-month history of earning this wage type as it can vary	Most recent pay stub and end-of-year pay stub for the prior year.	We cannot use a W2 to include this income as it doesn't separate out your wage types.
Rental	Prior 2 year's tax returns (including Schedule E). If you have a vacation rental managed by a 3rd Party: Airbnb, require a copy of your Transaction History VRBO, require a copy of your Payment Details Property Management Company, requires an agreement between you and the property manager and a statement of earnings covering at least the last 12 months; the document must provide the property address.	If you do not have a full 2-year history of renting, we may ask for additional documents.	N/A
Retirement	Retirement Award Letter or letter from the organization providing your income	Most recent 1099-R Tax form, or other documentation. Retirement account statement for the most recent month or quarter.	N/A
Secondary /Multiple Jobs	Most recent pay stub(s)	N/A	N/A
Self-Employed	Click here
Short/Long Term Disability	A copy of your disability policy or benefits statement (for the most recent month or quarter) from the benefits payer (insurance company, employer, or other qualified disinterested parties) that establishes: Your current eligibility for the disability benefits The amount and frequency of your disability payments The duration for which the payments will continue	N/A	N/A
Stocks/Investments/401k	N/A	N/A	SoFi considers “earned income” received on a recurring basis from a job, self-employment, Social Security, retirement, or other benefits. Currently, income from investments, savings, one-time occurrence, or any unverified source would not be considered as eligible income. (However, please note, 401k may be eligible if you are receiving regular verifiable disbursements.)
Teacher/Educational Professional	Most recent pay stub	Historical information such as your current and end-of-year pay stub(s).	Summer school pay and stipends related to athletics/coaching, band/music, or other extracurricular activities may also be included. At least a recent 2-year history of earning this income type, even if through different employers

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