Title: Self Employed Income Verification

Hi All,

We recently received an inquiry for a Family Loan from an applicant that is self employed and is paid in cash.  Since we need to verify the applicant’s wages for both program eligibility and capacity for repayment, how is this handled when the applicant’s wages are undocumented?  Has anyone ever encountered this situation?  If so, can you please share your experience with our site?

Thank You in Advance

Richard Ruiz

[EMAIL PROTECTED]

Seedco/N-PAC

New York, NY


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