Finance
A Connecticut home buyer who is self-employed will likely need to provide what documentation to prove income for a mortgage?
AOnly a pay stub from the most recent pay period
BTwo years of personal and business tax returns and year-to-date profit and loss statements✓ Correct
CA letter from their accountant
DBank statements for one month
Explanation
Self-employed borrowers typically must provide 2 years of personal and business tax returns, year-to-date P&L statements, and other documentation to demonstrate stable income, as they do not have W-2s.
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