Frequently Asked Questions

Will my overtime, commission, or bonus income be considered when evaluating my application?

In order for bonus, overtime, or commission income to be considered, you must have a history of receiving it (two years) and it must be likely to continue. We’ll usually need to obtain copies of W-2 statements for the previous two years, plus either year-end paystubs for those years or we will contact your employer to verify these additional amounts received in this time period.

If you have been receiving bonus, overtime, or commission income for two years, but at two different employers, usually we can use it if it’s in the same field of work.

We will always attempt to approve you for the loan without using these sources of additional income to reduce the amount of documentation you need to provide.

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