Good luck and if you have any further questions please don't hesitate to ask.
Licensed Real Estate Salesperson
"New York City's Mortgage Banker"
Astoria, New York 11106
400 E 84 St
New York, NY 10028
The tax return shows how much you make a year (most landlords require tenants to make 40X the monthly amount of rent,) pay-stubs show you're employed, and the bank statements show that you've consistently maintained a consistent balance.
Here's why: landlord's are individuals who are trying to protect their assets: their property. In New York, laws favor tenants, so it can take up to a year to evict tenants who are negligent about their rent payments. The last thing landlords, or anyone for that matter, want to do is spend their Wednesday afternoon trying to recoup an insignificant rent payment.
Home New York
48 Wall Street, 11th Floor
New York, NY 10005
Bank statements are a almost always a required part of a mortgage loan application. If you are applying for a rental, then I would defer to the opinion of a realtor as I am less familiar with those standard practices.
Robert L. Hanson
Gladewater National Bank
First Time Homebuyer Specialist
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