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

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

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Income types

Income type
Hourly income
Salary income
Bonus, commission, overtime, and other variable pay

What documents do we need	Additional documents that may be required	Notes
Most recent paystub.	End-of-year paystub if year-end totals are needed; employment verification if we need to confirm hours, pay frequency, or continued employment.	If you are paid by the hour, please upload your most recent paystub. If your hours, pay frequency, or current status are unclear, we may also ask for an additional paystub or employment verification.

What documents do we need	Additional documents that may be required	Notes
Most recent paystub.	End-of-year paystub; employment verification if we need to confirm salary or pay frequency.	If you are paid a fixed salary, please upload your most recent paystub. If your pay schedule is unclear, we may also ask for an end-of-year paystub, a follow-up paystub, or employment verification. If your pay schedule is unclear, we may also ask for an end-of-year paystub, a follow-up paystub, or employment verification.

What documents do we need	Additional documents that may be required	Notes
Most recent paystub or current income verification.	End-of-year paystub or prior-year pay history when needed for trending; offer letter or employment verification for commission structure if needed.	If part of your income comes from bonus, commission, overtime, or similar extra earnings, please upload your most recent paystub. Depending on the type of pay and how long you’ve received it, we may also ask for prior year pay history or an employment verification. Depending on the type of pay and how long you’ve received it, we may also ask for prior year pay history or an employment verification.

What documents do we need	Additional documents that may be required	Notes
Military paystub or Leave and Earnings Statement (LES) for active-duty or government pay; VA letter or distribution form for VA disability or survivor benefits; Most recent monthly CRSC pay statement for CRSC income.	Additional benefit documentation if we need to confirm the current amount or benefit type.	If you receive active-duty military pay, veteran disability benefits, or CRSC, please upload the document that shows your current benefit or pay amount. If you receive military retirement instead, that should be listed under retirement income below. If you receive military retirement instead, that should be listed under retirement income below.

What documents do we need	Additional documents that may be required	Notes
Account statement, award letter, benefits letter, or current 1099-R showing the current amount received.	Additional benefits documentation if the source or frequency of payments is unclear.	If you receive retirement income such as a pension, annuity, life insurance payout, or military retirement, please upload one document that shows the current amount you receive. Retirement account withdrawals such as 401(k) or IRA distributions should be listed separately below. Retirement account withdrawals such as 401(k) or IRA distributions should be listed separately below.

What documents do we need	Additional documents that may be required	Notes
Account statement showing distributions.	1099-R if needed based on account type or timing of the upload.	If you are actively withdrawing from a retirement account, please upload the account statement that shows your withdrawals. We may also ask for tax documentation depending on timing and account type.

What documents do we need	Additional documents that may be required	Notes
SSA award letter, annual or monthly statement, benefit verification letter, or most recent SSA-1099.	If benefits are paid from another person’s record, we may also need evidence of current receipt and documents showing expected continuance.	If you receive Social Security, SSI, or survivor benefits, please upload the official letter or statement that shows your benefit amount. If you receive benefits on behalf of someone else, we may also need proof that the payments are still being received and are expected to continue long enough to be considered. We may also ask for tax documentation depending on timing and account type.

What documents do we need	Additional documents that may be required	Notes
Last full paystub received before leave; employment verification confirming return-to-work date.	Temporary leave income documents, such as workers’ compensation, state disability, employer insurance, or short-term disability statements.	If you are temporarily away from work, we may still be able to review your income. Please upload the last full paystub you received before leave and any leave-income documents you receive while out of work. We may also need employment verification showing your return-to-work date.

What documents do we need	Additional documents that may be required	Notes
Benefits statement from the insurance company, employer, or other qualified payer showing current eligibility, payment amount, and payment frequency.	Additional supporting benefit documents if the statement references another benefit source or if payment details are unclear.	If you receive long-term disability income, please upload the benefits statement that shows your current amount and payment frequency. If the statement references another benefit source, we may ask for documents for that source as well.

What documents do we need	Additional documents that may be required	Notes
Official agency document showing payment amount and payment frequency.	Birth certificate or similar age-based proof if needed to confirm continuance.	If you receive adoption or foster care payments, please upload the official agency document that shows how much you receive and how often you receive it. If needed, we may also ask for documents showing the child’s age so we can confirm the expected duration of the payments.

What documents do we need	Additional documents that may be required	Notes
Divorce decree, alimony order, or child support documentation showing the amount and payment terms.	Current receipt evidence if needed.	If you receive alimony or child support, please upload the court or support document that shows the amount and payment terms. We may also ask for evidence that the payments are currently being received.

What documents do we need	Additional documents that may be required	Notes
Prior 2 years’ Schedule E tax documents and signed lease agreement(s).	Proof of recent rental payments, such as recent bank statements, and management agreement or rent roll for certain managed or multi-unit properties.	If you receive rental income, please upload your tax documents and your current lease documents. Depending on the property type, we may also need proof of recent rental payments or a management agreement.

What documents do we need	Additional documents that may be required	Notes
Most recent paystub.	Documents showing 2-year history in the same industry or type of work, such as end-of-year paystubs, W-2s, or employment verification; current employment contract or offer letter; employment verification if the contract has an end date or permanent status is unclear.	If you work through a staffing agency or in temporary employment, please upload your most recent paystub and documents showing your recent work history and current assignment. We may also need an employment contract, offer letter, or employment verification to confirm your current assignment will continue.

What documents do we need	Additional documents that may be required	Notes
Most recent paystub and prior 2 years’ personal tax returns that include Form 1116.	Employment verification if the paystub is in a foreign language or if we need to clarify compensation details.	If you are paid by an employer outside the U.S. or in a non-U.S. currency, please upload your most recent paystub and your prior two years of personal tax returns. If your paystub is not in English, we may need employment verification instead. Foreign income must be converted to U.S. dollars and may not be eligible in every case.

What documents do we need	Additional documents that may be required	Notes
Most recent paystub and prior 2 years’ personal tax returns that include Form 1116.	Employment verification if the paystub is in a foreign language or if we need to clarify compensation details.	If you are paid by an employer outside the U.S. or in a non-U.S. currency, please upload your most recent paystub and your prior two years of personal tax returns. If your paystub is not in English, we may need employment verification instead. Foreign income must be converted to U.S. dollars and may not be eligible in every case.