[MAXIE19]

DST59:

What banking statements you send will depend on your individual situation and what is available to you. In our case, I am the only one on the loan, however, my husband is on title and contributes to the mortgage. We are both self employed but receive 1099s and have verifiable incomes with regular deposits in our business checking accounts. I sent them my individual business checking account statements and my husband's individual business checking account statements. The business statements show the source of our income and the regularity and consistency. I also sent them our joint personal checking account statements. We make deposits from our individual business accounts into the joint personal checking to pay the household bills including the mortgage. The joint checking also establishes the monthly contributions we both make towards the mortgage. I also provided them with my individual savings account bank statements. Lastly, I referenced my retirement account in my financial statement and hardship letter but did not provide the actual statement (since this is not a liquid asset).

I believe the consensus on this forum based on the guidelines is that you do not have to divulge your spouse's income information unless you need your spouse's income to qualify for the mod. In my case I do which is why I provided them with his business account banking statements.