CPA Letter for Apartment Rental or Home Purchase
There has been an increasing trend of banks, landlords, and/or lenders asking self-employed individuals for letters from a CPA to verify, certify, vouch for, or attempt to estimate the income of the applicant. This income statement is then assessed by the lender when determining whether the loan should be approved. Some examples of requests (variable wording but roughly the same request) include:
• CPA-certified letter projecting income
• CPA letter verifying income is consistent with prior years
• CPA verification of employment
• CPA verification of income
• CPA Income Projection
• 12 or 18 month Income Projection
• Financial projection/estimate
• Financial statement signed by CPA
• Statement of Net Worth
The types of persons being asked for such types of letters include:
• Self-employed individuals
• Those paid on 1099
• Persons owning a single-member LLC or other small business
• Freelancers
• Contractors
If you have been asked for this type of letter, please contact us and we will complete it for you. We service all 50 states.
