Your actual hours matter
If you work 40 hours one week, 30 the next, then 20 or 12, we may have to average your actual hours and earnings.
Credit and Income
Variable income calculations
Hourly income is not always as simple as hourly rate times 40 hours.
Other variable income
The same goes for overtime, bonuses, commissions, incentive pay, and other variable income. History and consistency matter.
Paystub income versus usable income
This is why your paystub may say one thing while the income I can actually use for your mortgage says another.
The math is different
I will review the complete income history, calculate what the loan program allows, and explain the numbers without making you decode the mortgage math yourself.
Written by Marta Lillard
25+ years of mortgage experience, explained in plain English.
Mortgage Broker · First Coast Mortgage Funding · NMLS #879436 · Licensed in Florida and Georgia
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