Thread: pilot mortgages
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Old 08-21-2014, 10:04 AM
  #19  
7AC2B60
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Joined APC: Jul 2013
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84--unsure what income & employment documentation you have provided your lender, but loan processor and underwriter will need to receive a minimum of the following to completely review your
pilot income:

W-2's: 2012 & 2013

Paystubs: most recent and prior 2 months, including 2014 YTD info

VOE: verification of employment from employer--loan processor orders

example of VOE:
https://www.fanniemae.com/content/guide_form/1005.pdf

there are numerous other factors involved in determining pilot loan "qualifying" income....not difficult to compute, but does require specific income items to review and an experienced loan processor & underwriter to understand and determine your income.

also, there are many other factors involved when reviewing a mortgage loan file

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