Variable Income
The borrower has been at their current employer for five months earning variable income. Previously the borrower was self-employed (in the same line of work). Is it possible to use some of the income?
Stability of income would be up to lender, however for variable income, a 12 month history is required.
Samhainophobia is the fear of what?
What is Halloween
Retirement distributions from - IRA/401K etc has to be free of _______ to be used as qualifying retirement income.
What is penalty
The borrower has been at their current employer for seven months earning variable income. Prior to their current employment they had a two year gap while they finished school. Is it possible to use any income if the lender can prove prior to their gap of employment they were receiving variable pay in the same line of work?
12 month history of receipt of variable income is needed. Stability of income has not yet been established. B3-3.1-01
Nick Castle was the first credited actor for this Halloween character
Who is Michael Myers
Non-borrowing purchaser funds is this kind of situation in the eyes of credit policy?
What is atypical
How is variable income for an applicant who started a new variable income job in September 2020 calculated? Their prior employment was in the same line of work with variable pay for two years.
A 2 year history needs to be established. Income would be averaged if YTD income is stable or increasing. B3-3.1-01
Chicken feed was the original name of this popular Halloween candy.
What is candy Corn
"Standard LCOR" is placed in this field of DU to override the REFINOW product
What is the Product Description Field
The borrower finished their masters degree and has been at their new job for three months with variable hours, can they use guaranteed portion of income of 30 hours per week on the notion they have paystubs and supporting employment documentation?
If there is a guaranteed portion, only that portion could be used with positive factor for lack of 2 year history of income/employment.
Name this spooky Tune
What is the Monster Mash
February 16th 2016 is the date Fannie eliminated this SG policy
What is good old' continuity of obligation