If I have income that’s not reported on my tax return, can I use it for qualification?

Income that is legally tax free and not required to be reported can be used for qualification. All other income must be reported on your tax return for consideration.

It’s possible that a lender may offer a stated income program, meaning you can qualify for a loan based on the income you state rather than income that can be verified. Programs like this typically require a larger down payment and offer higher interest rates. At this time, we do not offer any stated income programs.

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