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  • Profile picture for Stephanie Santoro
    Stephanie SantoroMid-Island Mortgage Corp(516) 348-0610Mortgage Planning, Purchase Loan, Refinancing, Other
  • Profile picture for Joseph Dlabola
    Joseph DlabolaSterling National Bank(516) 286-7864Home Equity, Mortgage Planning, Purchase Loan, Refinancing
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    All Shores MortgageAll Shores Mortgage(631) 686-5200Home Equity, Mortgage Planning, Purchase Loan, Refinancing
  • Profile picture for Christine Colon
    Christine ColonMid Island Mortgage Corp.(516) 348-0650Mortgage Planning, Purchase Loan, Refinancing, Other
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    David Bailey Nmls # 3458The Mortgage Outlet(631) 589-3600Home Equity, Purchase Loan, Refinancing
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    Kevin ZhuMLD Mortgage, LLC(973) 805-6488Home Equity, Purchase Loan, Refinancing
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  • Profile picture for Timothy Kennedy
    Timothy KennedyUS Mortgage Corp(631) 750-0520Purchase Loan, Refinancing, Other
    • (3)
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    Karen LaurenceCitiBank(516) 524-3953Home Equity, Purchase Loan, Refinancing
    • (3)
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    Alissa WaiteContour Mortgage Corp(516) 414-6604Home Equity, Purchase Loan, Refinancing
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  • Profile picture for Nationwide Mortgage
    Nationwide MortgageNationwide Equities Corp.(678) 404-2123Mortgage Planning, Purchase Loan, Refinancing
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Massapequa Mortgage Advice

Question
How is income calculated for a new mortgage?

I know they want past two years tax returns and current earnings, but what is the formula to calculate ... - 5 Answers