How do you verify employment for self-employed tenant applicant?

Self-employment can be very difficult to verify income since salary and distribution numbers can be skewed.

In our experience, the most effective way to verify this type of income is through bank statements.

We recommend reviewing at least 90 days of bank statement (provided by the applicant) to verify their deposit history.

Since most people who are self-employed are used to taking additional steps to verify their income for most other credit related issues, they are typically conditioned to provide this type of information and are less resistant to pull bank records than those who can provide pay stubs.