Two income types
W-2 income is usually easier to verify, while gig income may require additional documentation and history.
Mixed income guidance
Mortgage With Gig Income and W-2 Income
Understand how W-2 income and gig income may be reviewed together in a mortgage conversation.
Documents to organize
Prepare pay stubs, W-2s, tax returns, 1099s, app summaries, bank statements, and down payment records.
Questions for lenders
Ask whether gig income can be included, how much history is needed, and how deductions affect qualifying income.