THE ANALYSIS OF YOU

The goal is to make sure there are no surprises in any of these areas.

Credit:​

  • Analysis on how to raise your score, if needed:

  • Any disputes?

  • Amount and age of collections. 

  • Bankruptcy? When was it discharged?

Income:

  • Determining your Qualifying Income:

    • Salary

    • Non-variable v Variable hours​

    • Commission/OT/Bonus - need a two-year history

    • Self-Employed:​​

      • Need a two-year history

      • is your income declining?

      • have you properly reported your income?

    • Alimony/Child support -- need a three-year continuance

Employment:

  • two-year history 

  • no job gaps greater than 6 months

  • you have two jobs? Need a consecutive two-year history to use the income from both jobs

Bank Statements:

  • no large deposits that can't be sourced

  • no cash deposits

  • recurring payments match the payments on your credit report