What income sources can be used to qualify for a mortgage?

What income source can be used to qualify for a mortgage?

There are several income sources that can be used to qualify for a mortgage including:

  • Seasonal pay
  • Child support
  • Retirement pension payments
  • Unemployment compensation
  • VA benefits
  • Military pay
  • Social Security income
  • Alimony
  • Rent paid by family
  • Part-time pay
  • Overtime, and bonus pay also count as long as they are steady.

Special savings plans such as those set up by a church or community association also qualify


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