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Can I add my self employment income when applying for a loan?

I am a W2 employee but I also started a self employment gig during the pandemic. When things went back to normal my income on the business went down significantly. I have 2 years worth of income on my side hustle with docs to prove it. Can I add this income when applying for a loan? I am eyeing a studio unit that's in the market and I want to close the deal within this quarter. by jean374 from Denver, Colorado. Feb 3rd 2023 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

Sure, a lender call look at that and see what, if any of that income will be acceptable. I lend in MN IA ND SD and WI. Find me at MNBestrates.com | Cambria Mortgage, NMLS 274132

Feb 5th 2023
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