So you prepare to come to be a home owner; the initial step is locating a house you like. The 2nd action will certainly be to search for a mortgage when you find your dream home. Next off, your home mortgage lender will certainly scrutinize your incomes to ensure that you can manage the monthly repayments related to your new home and also mortgage loan. Now, what is the next step? The following thing you need to do is find out what counts as income for a mortgage. There are various sources of income that get a home loan, yet not all money is equivalent. Although everything winds up in your checking account as cash, some kinds of repayment are a lot more trustworthy than others in regards to consistency and also simplicity of confirmation. Below are some of one of the most preferred kinds of income that qualify for a home loan.