3.31- What are the Types of acceptable income considered during a loan review?

Besides regular employment or business income, the following types of income are acceptable types of income during a loan review.

(1) Dividend income

(2) Retirement income

(4) Child support

(5) Boarder income

(6) Royalty income

(7) Schedule K-1

(8) Foster care income

(9) Trust income

(10) Social Security payments.

(11) Alimony

Related Topics: Documents Required for a Home Loan Application

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