Military Allowances
In mortgage qualifying, this military allowance helps cover housing costs and is commonly abbreviated with three letters.
BAH ( Basic Allowance for Housing)
This document is commonly requested to confirm you’re still actively employed at your second job
debt-to-income ratio (DTI
This is a type of corporate payout to shareholders that is often paid quarterly and is classified as investment income.
DIVIDENDS
What do you call the extra money a customer voluntarily leaves for service, usually on top of the bill?
A tip
In all-inclusive rental, are utilities included or paid separately by the tenant?
YES
This allowance offsets the cost of meals/subsistence and is commonly used in qualifying when properly documented.
BAS ( Basic Allowance for Subsistence)
This payroll withholding form is often updated when you add a second job to avoid under-withholding.
Form W-4
What type of income is money earned for lending cash (for example, via a bond or savings account).
INTEREST
What is the general term for money given to show appreciation for a service (including tips)?
A gratuity
What do you call the money a landlord collects before move-in to cover potential damages or unpaid rent?
Security deposit
This military pay document is commonly used to verify base pay, BAH/BAS, and year-to-date earnings for underwriting.
LES (leave and Earning Statements)
For hourly second jobs, lenders may request these to show consistent earnings and hours worked.
pay stubs
In personal finance, this account type is designed to pay interest while keeping funds relatively accessible.
SAVINGS ACCOUNT / MONEY MARKET ACCOUNT
What do you call a tip that is shared among staff and then distributed according to a set method (like hours worked or role)?
Tip pooling (tip share)
Rental income means the money a property owner (landlord) receives for letting someone else use their property—typically under ______ agreement.
Lease or rental
This type of additional pay compensates servicemembers for duty in designated dangerous conditions or locations.
Hazardous Duty pay
For self-employed side income, this filing is often used to substantiate earnings.
tax return
Which group is paid interest before dividends are paid to shareholders?
CREDITORS (DEBT HOLDERS / BOND HOLDERS / LENDERS)
This term describes combining tips and redistributing them among staff by a preset formula.
What is tip pooling?
What is the term for money set aside to pay for big-ticket replacements over time (roof, HVAC, appliances) rather than routine repairs?
Capital expenditures (CapEx) reserve
This special pay (sometimes referred to as “pro-pay”) is paid to enlisted members in certain career fields, and eligibility depends on specialty and grade.
proficient pay
This practice—reporting income that can’t be documented—can create serious underwriting and legal problems.
income misrepresentation
You own 200 shares. Dividend is $0.75 per share each quarter. What is your quarterly dividend income?
$150
This is the line item sometimes added to checks to support back-of-house pay, distinct from a tip.
What is a service charge?
What is the term for rental income remaining after operating expenses like taxes, insurance, repairs, and management (but before mortgage payments)?
Net operating income (NOI)