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Income from both w2 and 1099

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September 18 2011 - Boise
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Profile picture for IdahoMortgage
If you have both W2s and 1099s, provide themto your lender so that that person can calculate your income based on underwriting guidelines. There is no harm in bringing in ALL your income documentation!
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September 19 2011
Profile picture for LUXURY HOME LOANS CA
Where's the question?

Happy funding, Rudi
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September 19 2011
Profile picture for LisaKratz
You may need the 1099 income with a two year average to qualify if your debt to income ratio is too high.

Thank you!
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September 19 2011
Profile picture for ChusYourLender

My question to you is whether you need the 1099 income to help you qualify for the mortgage loan that you need for your purchase/refinance??

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September 18 2011
 

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QuestionIncome from both w2 and 1099
  • Latest answer by Rudi Hofmann
  • September 19 2011
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