RSU mortgage docs checklist

Pack these before you ask a lender to count vested RSUs toward a mortgage. The goal is simple: prove the income vested, was distributed, and is likely to continue.

Must-haves (most loan files)

• Recent paystub showing RSU or stock activity
• Last two years of W-2s (when available)
• Current vesting schedule — past and future vest dates and share counts
• Brokerage or bank statements showing prior RSU distributions (shares or cash)
• Evidence the stock is publicly traded (ticker / exchange)

Often requested

• Printout or calc of the moving-average stock price your lender uses (Fannie-style often cites a 200-day average for share-paid income)
• Grant / award letters — especially to separate sign-on grants from refreshes
• Verification of employment (Form 1005-style and/or verbal VOE)
• YTD pay detail if W-2s don’t break out RSU clearly

Watch-outs that trip files

• Sign-on RSUs that vest over time are often excluded from qualifying income
• Thin history: time-based awards often need ~12 months; performance awards often prefer ~24 months
• Continuance: one-time schedules may need multi-year vesting still ahead; front-loaded or nearly finished grants get harder looks
• Two lenders can count the same grant differently because of overlays