What is considered income?

Income for the purpose of this loan includes the following sources:

  • Salary, bonus, or commission from your employer.
  • Hourly wages, including overtime.
  • Consistent self-employment income for a full calendar year (tax return required for verification).
  • Income earned as a shareholder in a corporation or partnership (tax return required for verification).
  • Rental property income for a full calendar year (tax return required for verification).
  • Trust, pension, disability, retirement, or Social Security income.
  • Alimony, child support, or separate maintenance (such income need not be revealed if the applicant does not want to be considered in determining the applicant's creditworthiness).

Please note that income from a spouse or someone else in your household cannot be considered.

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