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  • Welcome to the Homium Underwriting Bible
  • πŸ“„Loan Application
    • Documenting the Loan Application Package
  • πŸ“‹Eligibility
    • Mortgage Eligibility
    • Borrower Eligibility
    • Property Eligibility
  • πŸ§‘β€πŸ€β€πŸ§‘Underwriting Borrowers
    • Manual Underwriting
    • Income Assessment
      • Stable and Predictable Income
      • Standards for Employment Documentation
      • Sources of Income and Documentation
        • Base Income Calculation Guidelines
        • Military Income
        • Other Sources of Income and Documentation
          • Verification of Commission Income
          • Seasonal or Secondary Employment
          • Documentation Requirements for Current Receipt of Income
          • Alimony, Child Support, or Separate Maintenance
          • Automobile Allowance
          • Boarder Income
          • Capital Gains Income
          • Disability Income β€” Long-Term
          • Employment Offers or Contracts
          • Employment-Related Assets as Qualifying Income
          • Foreign Income
          • Foster-Care Income
          • Housing or Parsonage Allowance
          • Interest and Dividends Income
          • Notes Receivable Income
          • Public Assistance Income
          • Retirement, Government Annuity, and Pension Income
          • Royalty Payment Income
          • Schedule K-1 Income
          • Social Security Income
          • Temporary Leave Income
          • Tip Income
          • Trust Income
          • VA Benefits Income
        • Self Employed/Rental Income Documentation
        • Reserve and Asset Requirements
    • Credit Assessment
    • Liability Assessment
    • Homeowner Education
  • 🏘️Underwriting Property
    • Appraisal Requirements
    • Project Standards
  • 🌠Unique Eligibility and Underwriting Considerations
    • Property Specific Considerations
  • πŸ‘¨β€πŸ«Insurance
    • Title Insurance
    • Property and Flood Insurance
    • Liability and Fidelity/Crime Insurance Requirements for Properties in a Project
  • πŸ§‘β€βš–οΈClosing/Legal Document
    • General Information on Legal Documents
    • Notes
    • Riders and Addenda
    • Special Purpose Legal Documents
    • Security Instruments
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  1. πŸ§‘β€πŸ€β€πŸ§‘Underwriting Borrowerschevron-right
  2. Income Assessmentchevron-right
  3. Sources of Income and Documentation

Other Sources of Income and Documentation

See the following pages for detailed information about other sources of income.

Verification of Commission Incomechevron-rightSeasonal or Secondary Employmentchevron-rightDocumentation Requirements for Current Receipt of Incomechevron-rightAlimony, Child Support, or Separate Maintenancechevron-rightAutomobile Allowancechevron-rightBoarder Incomechevron-rightCapital Gains Incomechevron-rightDisability Income β€” Long-Termchevron-rightEmployment Offers or Contractschevron-rightEmployment-Related Assets as Qualifying Incomechevron-rightForeign Incomechevron-rightFoster-Care Incomechevron-rightHousing or Parsonage Allowancechevron-rightInterest and Dividends Incomechevron-rightNotes Receivable Incomechevron-rightPublic Assistance Incomechevron-rightRetirement, Government Annuity, and Pension Incomechevron-rightRoyalty Payment Incomechevron-rightSchedule K-1 Incomechevron-rightSocial Security Incomechevron-rightTemporary Leave Incomechevron-rightTip Incomechevron-rightTrust Incomechevron-rightVA Benefits Incomechevron-right
PreviousMilitary Incomechevron-leftNextVerification of Commission Incomechevron-right

Last updated 2 years ago