So you prepare to become a homeowner; the primary step is locating a residence you enjoy. The second action will be to try to find a mortgage loan when you find your desire home. Next off, your home mortgage lender will certainly inspect your revenues to ensure that you can pay for the month-to-month repayments associated with your new residential property and home loan. Now, what is the next step? The following point you need to do is figure out what counts as income for a mortgage. There are different income sources that get approved for a mortgage, yet not all money is equivalent. Although whatever ends up in your checking account as cash, some forms of settlement are more reliable than others in regards to consistency and also simplicity of verification. Below are a few of the most preferred types of earnings that qualify for a mortgage.