Qualifying Income Series - Salmon Bay Lending

What is Qualifying Income (Series)

You are probably wondering what income qualifies for preapproveing a loan? Your income does not directly translate to the income your loan officer or an underwriter can consider when qualifying you for a home mortgage. Some income may include, W2, Rental or Self Employment.

Mortgage Income: An Introduction to Qualifying Income

Your income does not directly translate to the income your loan officer or an underwriter...

Mortgage Minutes: Qualifying Income Overview Series: W2 Income (Part 1)

What is W2 income? Simply put it's income earned by working for a business you...

Qualifying Income Series W2 Income Part 2: The funky stuff

Last week we looked at the basics of W2 income; fixed and variable, salary, hourly,...

Qualifying Income Series W2 Income Part 3: Self employment

Income from self-employment often has the widest margin between what a person actually takes home...

Qualifying Income Series (Pt 4): Retirement Income

We've talked about W2 income and Self-employment types and this week we throw off the...

Mortgage Minutes: Qualifying Income Series (Pt 5): Rental Income

If you are looking to buy a new property and you already own property, either...

Qualifying Income Series (Pt 6): The other stuff

If you've got income showing up on multiple schedules of your tax return THIS is...

What is Qualifying Income (Series)

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