Guam Proof of Residency for Mortgage is a crucial document required by lenders to verify an applicant's eligibility for a mortgage loan in Guam, a U.S. territory. This document serves as evidence that an individual is a resident of Guam and establishes their ability to meet the residency requirements for mortgage financing. The Guam Proof of Residency for Mortgage can be obtained through various types of documentation. These may include: 1. Guam Residency Certification: This certification verifies an applicant's residency status and is commonly issued by the Department of Revenue and Taxation in Guam. It confirms that the individual has met the residency requirements outlined by the local government. 2. Valid Guam Driver's License: A current and valid Guam Driver's License demonstrates that the individual is a resident of Guam. Lenders may require applicants to provide a copy of their driver's license as proof of residency. 3. Guam Voter Registration Card: This document signifies that the applicant is registered as a voter in Guam and is considered proof of residency by mortgage lenders. 4. Utility Bills: Recent utility bills, such as electric, water, or gas bills, addressed to the applicant's Guam residence, can establish proof of residency for mortgage purposes. These bills should display the applicant's name and residential address. 5. Lease or Rental Agreement: A signed lease or rental agreement for a property located in Guam, which includes the applicant's name and residential address, can also serve as proof of residency. 6. Guam Income Tax Return: Providing a copy of a filed Guam Income Tax Return can not only validate the individual's residency but also confirm their financial standing, which is crucial for mortgage applications. It is important to note that different lenders may have specific requirements for proof of residency, so applicants should consult with their chosen mortgage lender to determine which documents are acceptable. Gathering the necessary documentation early in the mortgage application process will help streamline the approval process and increase the likelihood of securing a mortgage loan in Guam.