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Increase in income...

tag
Anonymous
Not applicable

Increase in income...

Hi, I was wondering how likely was it that an underwriter will include my recent  increase in income ... I've been on both jobs over two years jus went on salary for one and just got a raise and increase in hours for the other

Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Increase in income...

Very likely. They ask for your current pay rate per month and W2's to prove prior year earnings as well.

Message 2 of 5
Mrsg714
Contributor

Re: Increase in income...

My loan offer said it was fine to use my pay raise. I haven't gone to underwriting yet.
Message 3 of 5
Anonymous
Not applicable

Re: Increase in income...

All the above posters are right.  You raise will be included in the calculations...

Message 4 of 5
Anonymous
Not applicable

Re: Increase in income...

Thanks you guys
Message 5 of 5
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