If you've got income showing up on multiple schedules of your tax return THIS is the video for you. Here Ruby discusses how a mortgage lender views dividend and interest income (1040 Schedule B), Capital Gains income (Schedule D) Temporary Leave, Trust Income, and Royalties...Read More

If you are looking to buy a new property and you already own property, either as a primary residence or a current investment property you're likely wondering if you can use rental income, or potential rental income, to qualify for your purchase. Here Ruby discusses the most likely circumstances in which rental income can be...Read More

We've talked about W2 income and Self-employment types and this week we throw off the shackles of work and talk about qualifying income during the retirement years.Read More

Picking up our series on helping buyers get their ducks in a row by talking about the 22AD. With market competition picking up and escalating offers low appraisal addendums are bound to come up. Let's talk about why asking the borrower's how much extra cash they have in case of a low appraisal isn't the...Read More

Last week we looked at the basics of W2 income; fixed and variable, salary, hourly, seasonal, and contract employment. This week we're diving into the funky stuff... This is anything outside of your base pay, so overtime and shift differentials, tips and commission, and bonus income - both cash bonuses and restricted stock unit awards.Read More

What is W2 income? Simply put it's income earned by working for a business you don't own (and at the end of the year or earnings and deductions are reported to you on IRS Form W2). Tons of income types fall into the Wage Earner or W2 category and this video, part 1 of 2,...Read More

Your income does not directly translate to the income your loan officer or an underwriter can consider when qualifying you for a home mortgage. This video is a quick overview of some of the most common types of income and in subsequent weeks we'll take a more in-depth look at the different income types.Read More