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INCOME VERIFICATION DOCUMENT
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Applicant: Robert Alan Williams
Prepared by: Desert Sun Warehouse Services — HR Dept.
Document Date: 2026-05-20
Verification Period: September 2025 – May 2026

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EMPLOYMENT VERIFICATION
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Employer:               Desert Sun Warehouse Services
Employer Address:       4800 Industrial Way, Las Vegas, NV 89103
Employer Phone:         (702) 555-4400
HR Contact:             Donna Price, HR Coordinator

Employee Name:          Robert Alan Williams
Employee ID:            DSW-1847
Job Title:              Warehouse Associate
Department:             Receiving & Inventory
Start Date:             2025-09-15
Employment Status:      Active — Full-Time
Pay Frequency:          Weekly

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INCOME BREAKDOWN (Monthly)
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Base Hourly Rate:       $18.50/hour
Average Hours/Week:     38 hours
Gross Weekly Pay:       $703.00
Estimated Monthly:      $3,046.00  (703 × 4.33)

Overtime (last 3 months avg): $280/month
Total Verified Monthly Gross: $3,326.00

Note: Overtime is not guaranteed and may not be included in
qualifying income per standard underwriting guidelines.
Base income only: $3,046/month

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RECENT PAY STUBS SUMMARY
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Week of 2026-05-05:
  Regular Hours: 38 | OT Hours: 4
  Gross Pay: $703.00 + $111.00 OT = $814.00
  Net Pay (after deductions): $612.00

Week of 2026-04-28:
  Regular Hours: 38 | OT Hours: 0
  Gross Pay: $703.00
  Net Pay: $528.00

Week of 2026-04-21:
  Regular Hours: 38 | OT Hours: 6
  Gross Pay: $703.00 + $166.50 OT = $869.50
  Net Pay: $652.00

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INCOME SOURCE
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Primary Income Type:    Hourly Wage (W-2)
Employer Stability:     8 months at current employer
Previous Employment:    Quick Retail Inc. (Jan 2023 – Aug 2025, laid off)
Employment Gap:         1 month gap between jobs (Aug–Sep 2025)

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AUTHORIZED SIGNATURE
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Donna Price
HR Coordinator, Desert Sun Warehouse Services
Date: 2026-05-20
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EXPECTED OUTCOME (for testing):
  Verified Monthly Income: $3,046 (base only, OT excluded)
  Self-Reported Income:    $4,200
  Difference:              38% → INCONSISTENT (far exceeds 10% threshold)
  DTI = $1,345 / $3,046 = 44.1% → HIGH RISK threshold
  LTV = $195,000 / $200,000 = 97.5% → EXCEEDS Conventional max (97%)
  Credit Score: 595 → BELOW Conventional minimum (620)
  Employment: 8 months → BELOW 2-year minimum
  Multiple POLICY FAILURES
  EXPECTED RISK: HIGH (70–90) → Recommend DECLINE
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