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Verification of Rent

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New Member

Verification of Rent

Do all loans ask for Verification of Rent? My landlord passed away, and I've always paid him through Venmo. 

Anyone have a lender that did not require this?

5 REPLIES 5
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Super Contributor

Re: Verification of Rent

Very few do, actually.  If your loan has to be manually underwritten then it'll be asked for.  Manual underwrites really only happen on VA, FHA & USDA loans these days.  The other type of loan that often asks for them is if you are financing a jumbo loan amount (over $510,400 for most of the U.S., higher in certain high cost markets).


To document Venmo payments to a landlord you should be getting emailed confirmations each time a payment is made, just collect the last 12 months of those email confirmations and along with a copy of the lease agreement (to confirm the amount you should be paying) then that should suffice.  

Helping people with mortgages (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Orange County, CA and lending in all 50 states
Message 2 of 6
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New Member

Re: Verification of Rent

Good to know! I am leaning more toward a conventional loan to eliminate that MI after 20% is paid down. The concern I had was that is says, if required it cannot be shown any other way than through canceled checks. 

Message 3 of 6
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Valued Contributor

Re: Verification of Rent

Canceled checks are ideal.

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Licensed NC Mortgage Loan Originator
Message 4 of 6
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Frequent Contributor

Re: Verification of Rent

I didn't realize this was a thing, I pay my rent online so if a lender needed to see actual cancelled checks that wouldn't even be an option.  Hopefully won't actually be an issue, I mean I can show on my statement the property company that gets the money and they can see a copy of the lease and/or my actual statements each month from them showing the amount due.  

Good luck OP in getting things sorted, sorry to hear about the death of your landlord. 





Message 5 of 6
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Regular Contributor

Re: Verification of Rent

You can get your payment info from Venmo. No stress. I don't pay my rent by check either. 






Message 6 of 6
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