Conventional Mortgage Loan

A CPA letter for a mortgage, also known as an accountant letter or verification of self-employment letter, is a document that confirms a borrower’s income and financial stability. Self-employed individuals or those with non-traditional income sources often need this letter to qualify for a mortgage since they might not have standard W-2 forms or pay stubs to demonstrate their income.

The CPA letter typically includes the following details:

Verification of Self-Employment
Low closing costs
Easy credit qualifying

1-4 Family Residential Cooperative & Condo
Primary Residence, O/O, Second Home and Investment Properties
CA, FL, ME, NJ, NY, TX
See Lender's guildine
3-years to 30-years
30-Year Fully Amortization
Up to 80% LTV
NO PPP (Pre Payment Penalty)
Minimum FICO 680
MISC

CPA MORTGAGE LOAN

The CPA letter typically includes the following details:

Verification of Self-Employment
Income Verification
Assurance of Accuracy
CPA Contact Information

When requesting a CPA letter for a mortgage, it’s essential to provide all necessary financial documents to your accountant to support the information included in the letter. Additionally, the content and specific requirements of the letter may vary depending on the lender’s guidelines, so it’s advisable to check with your mortgage lender to ensure that the letter meets their criteria.