Maximize Income Potential Understanding Qualifications and Income Types #housingmarket #mortgage
We just need to use the income that we have to use to qualify you. We can't use less than what your actual salary is. So let's just say you made 200,000 and we only needed you know 190. We have to use the 200,000 but we don't have to add in the miscellaneous portions of your income. What about two jobs? Same thing. We only have to use what is needed to qualify. Okay got it. And the same thing with the stock options or any other type of conversation. That's right. Just from my understanding... So this program is nationwide right It is nationwide. The loan limits vary per county, right? So depending on the kind of cost of real estate. Well and the immediate income for the area.
Michael Talis:
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Coldwell Banker Realty
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