Yes — bonus income can qualify for conventional loans with a stable history, usually about two years. See averaging rules with The 2 Mortgage Guys.
Yes — bonus income can qualify for conventional loans with a stable history, usually about two years. See averaging rules with The 2 Mortgage Guys.
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Yes. Conventional lenders commonly average bonus income over about two years when it is documented and likely to continue. A one-time signing bonus or a sharply declining bonus trail is harder to use than consistent annual bonuses.
Underwriters look for consistency, not just a big check last year.
These situations often need extra seasoning or cannot be fully counted.
Bring these to pre-approval.
We calculate what will actually stick in automated underwriting — not an optimistic guess.
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Send Ryan or Steve your W-2s and recent paystubs — we will calculate the bonus average conventional underwriting is likely to accept.
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Ryan Minick NMLS# 203249
Steve DeLon NMLS# 202876
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