Story matches numbers
Bonus, carried interest, and global pay must reconcile to tax and payroll artifacts—not just a single W-2 line.
Eligibility, documentation, and the signals Sky underwrites beyond a credit score
Underwriting reads capacity, collateral, capital, and character together. Sky publishes what to gather before a combined credit report is pulled so conditions match investor overlays the first time, not after you are under contract.
Private bank overlays
Three themes that separate “file complete” from “file persuasive”
Retail checklists stop at PDF uploads; Sky adds narrative consistency, entity alignment, and liquidity after close—the same scrutiny jumbo and wealth channels expect.
Entity clarity
LLC-owned collateral needs operating agreements and signer resolutions before wires—not after funding fails.
Resilience after closing
Reserves after cash to close are modeled against housing expense and contingent liabilities—not just account balances.
Pair with
After you read eligibility
Common verification items
Income
W-2, bonus, self-employed
YTD pay stubs, two years of tax returns, and CPA-prepared P&L when applicable.
Assets
Sourcing & seasoning
Two months of statements; large deposits need gift letters or sale documentation.
Credit
History & obligations
Minimum payments on revolving debt, housing history, and public record searches.
Behavioral pitfalls
- Opening new credit lines before closing can change debt ratios.
- Job changes without documentation can pause approval.
- Undisclosed properties with mortgages must be reported.
Holistic underwriting signals
Beyond FICO, Sky reviews residual income, reserves after closing, stability of earnings, and collateral quality. Self-employed borrowers should expect YTD P&L and CPA letters when tax returns lag the calendar.
- DTI caps differ for housing vs. installment vs. revolving.
- Large deposits require documented sources.
- Non-U.S. citizens may need additional residency and income verification.
Frequently asked questions about loan eligibility
Do I need a Sky deposit relationship?
Not always for consumer credit, but relationship pricing may apply where disclosed.
Can I appeal a decline?
Yes—new information or error corrections can be submitted through your banker with a dated narrative.
How is this different from a generic lender checklist?
Sky maps items to investor overlays and private bank exceptions early so you are not asked for the same document twice under different names.
Eligibility guides are general; final decisions are in official credit notices.
Related hubs
Eligibility sits between product choice and documentation. Use these hubs when you need the wider mortgage path or live calculators.
