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    I get paid in cash, but I need to reflect my salary in the Bank Statement. Because I need to apply for a mortgage. What can I do to get proof of income?

  • #2
    You can consider depositing your cash earnings into a bank account regularly. Additionally, you might explore options like currency exchange​ services, which could provide documentation of your income. Remember to maintain accurate records and consult with financial experts for guidance tailored to your situation and mortgage application requirements.
    Last edited by Annlopez; 04-18-2024, 06:00 AM.

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    • #3
      If you’re paid in cash and need proof of income for a mortgage application, start by keeping detailed records of your earnings, including invoices, receipts, or any documentation that shows the amount and frequency of your payments. Deposit your cash earnings regularly into your bank account to establish a clear paper trail. Additionally, consider filing accurate tax returns that reflect your income, as these are often accepted as proof by lenders. A tax accountant can help you organize your financial records, ensure compliance with tax laws, and prepare tax returns that accurately reflect your income. They can also guide you on how to structure your finances to improve your eligibility for a mortgage.
      Last edited by jsam40746; 01-27-2025, 02:36 AM.

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      • #4
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        Last edited by TamilaHenderson; 04-13-2025, 11:36 AM.

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        • #5
          If it’s all cash, best way is to start depositing it regularly into your bank account and keep records (pay stubs, receipts, or a signed letter from employer). Lenders usually want tax returns too, so filing income properly is key if you want it accepted as proof.

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