Income

Applicants (leaseholders) are required to provide evidence of a combined gross monthly income of three times the monthly rent.

Income

Applicants (leaseholders) are required to provide evidence of a combined gross monthly income of three times the monthly rent.

Income Documentation
DRESA accepts the following to verify income:

Pay stubs
A minimum of two consecutive pay stubs, equal to the most current month’s pay period


W-2 from Employer
Only accepted until March 31st of the following year


Three consecutive months of full bank statements
Must provide a detailed version, including transactions. Applicant’s name must be included on bank statements, and the source of income name must be listed as direct deposit


Child support documents
Court order documents or a child support ledger ONLY


Benefit Letter
Social security, disability, unemployment or military


Retirement savings account
Statement must show withdrawal allocations and include applicant’s name


Offer Letter for new employment or promotion
We will not accept a letter from an employer unless “Offer Letter” is explicitly stated