In some cases, applicants may use assets instead of recurring income to meet the income verification requirement. This approach is typically used for guarantors or high-net-worth individuals who do not have a regular income stream but maintain substantial financial assets.
Accepted Asset Documents
To verify assets, one of the following must be provided (all must be recent, within 2 months, and attributed to the beneficiary of the trust, if applicable):
Bank statement – A document from a financial institution showing deposits, withdrawals, and ending balances.
Brokerage statement – A report showing investment holdings, account balances, and transaction history.
Trust account statement – A document detailing assets held in a trust, attributed to the beneficiary.
Bank Link Assets – Asset totals retrieved from Stripe when a bank account is linked.
Cryptocurrency statements – Verified statements (e.g., Coinbase) with a liquid cash equivalent in USD.
Important:
We do NOT accept scans, images, or screenshots of any kind.
Statements must be uploaded in PDF format for a smooth verification process.
The PDF must not be opened in another software or program before uploading.
For instructions on downloading bank statements correctly, refer to this guide: How to Download Bank Statements
Multiple accounts/statements can be combined if each meets the requirements above.
Required Documentation
At least one recent month of verified documentation is required, corresponding to the asset type being used for verification:
Bank statement
Brokerage statement
Trust account statement
Cryptocurrency statement
Bank Link Assets
For further concerns, please reach out to Applicant Support at applicant.support@twodots.net.
Frequently Asked Questions (FAQ)
1. Can joint accounts be used for asset verification?
Yes, as long as the applicant is the beneficiary on the bank account or statement.
2. Do you accept multiple bank accounts or statements for verification?
Yes, multiple accounts or statements can be used together to meet the asset-based ratio, as long as each statement meets the verification requirements.
3. How recent must the statements be?
All asset documents must be within the last 2 months to be considered valid for verification.
4. Can cryptocurrency assets be used for income verification?
Yes, verified cryptocurrency statements (e.g., Coinbase) with a liquid cash equivalent in USD are accepted.
5. How do Bank Link Assets work?
Bank Link Assets are totals retrieved from Stripe when a bank account is linked.
6. Are IRA accounts counted?
Yes, but only if the applicant is 59½ years or older.
7. Can international bank statements be used?
Yes, provided the currency is not subject to capital controls. The balance must be converted to USD.
8. Can I upload screenshots or images of statements?
No. Only PDFs are accepted, and they must not be opened in any other program before uploading.
9. What if I do not have online banking?
Have your bank representative email you PDF copies of your statements. They must not be images or opened in another program.
10. Can I use a business bank statement?
No. Business bank statements are not accepted because they may include non-income transactions, making it impossible to accurately verify income and assets.
11. Can income and assets be combined to meet the requirement?
We only allow combining income and assets for selected properties. In such cases, please reach out to your leasing agent or property management for confirmation and further details.