| Answers |
| Posted By: LoanModMan on Jan 03, 2010 07:37AM |
| A: Yes it definitely does. You will need to provide acceptable documentation of this income. Your lender will want to see your most recent statement of benefits / benefit letter. They will also ask you for bank statements to document that this income is being deposited regularly. The bank statements you provide will also be reviewed for "other income" in the form of deposits. Regards, Dan Harris http://www.LoanModBook.com http://www.LoanModMan.com |
| Posted By: loanmodpro on Dec 21, 2009 01:30PM |
| A: Yes I believe it does. As long as it is legitimate income, it can be considered when qualifying you for a loan modification. |
