We only take your personal income into consideration. The following are acceptable forms of income:
- Salary, bonus, or commission paid by your employer;
- Hourly wages including overtime;
- Self-employment income that you’ve earned consistently for a full calendar year*;
- Income earned from being a shareholder in a corporation or partnership*;
- Rental property income that has been earned for a full calendar year*;
- Trust, pension, disability, retirement, or Social Security income;
- Alimony, child support, or separate maintenance. (Note: You do not need to disclose this income if you do not want it to be considered in your application.)
* Please note that a filed tax return is required for verification.
The following are not acceptable forms of income:
- Your household income. We only take your personal income into consideration.
- Inconsistent investment income or dividends from stocks
- Unrealized gains from equity
- Signing bonuses or relocation packages
- Business income that is not claimed on your personal tax return