W2-Income-Only Mortgages
This guide covers qualifying for W2-Income-Only Mortgages. Borrowers who are W-2 wage earners and mortgage underwriters will go off the most recent paycheck stubs reflected on the past 30 days and from the employer’s employment verification. Two years of W2s are required, but there is a lot of leniency with W-2 wage earners. The following…