> For the complete documentation index, see [llms.txt](https://underwriting.homium.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://underwriting.homium.io/underwriting-borrowers/income-assessment/sources-of-income-and-documentation/other-sources-of-income-and-documentation/notes-receivable-income.md). # Notes Receivable Income The following table provides verification requirements for notes receivable income.

	Verification of Income From Notes Receivable
false	Verify that the income can be expected to continue for a minimum of three years from the date of the mortgage application.
false	Obtain a copy of the note to establish the amount and length of payment.
false	Document regular receipt of income for the most recent 12 months. Payments on a note executed within the past 12 months, regardless of the duration, may not be used as stable income.

Verification of Income From Notes Receivable

false

Verify that the income can be expected to continue for a minimum of three years from the date of the mortgage application.

false

Obtain a copy of the note to establish the amount and length of payment.

false

Document regular receipt of income for the most recent 12 months.

Payments on a note executed within the past 12 months, regardless of the duration, may not be used as stable income.