0
Skip to Content
Mortgage Like a Mother
Home & Education
Contact
Mortgage Like a Mother
Home & Education
Contact
Home & Education
Contact
  • Preapproval Process,
• 4/22/26

W-2 Income & Mortgages: The TRUTH Lenders Don't Tell You! 🤫 | Part 7 of 14

This video breaks down all the types of W-2 income, and how each type is qualified and measured by lenders. It covers the 2/2/2 rule for income verification--a key takeaway from this video! You'll also learn when a Verification of Employment (VOE) is necessary.

Previous

How to Protect Your Credit During the Mortgage Process | Part 6 of 14

Next

Self-Employed Mortgage Approval?! How Lenders REALLY Calculate Your Income 🤯 | Part 8 of 14

You Might Also Like

Related Embedded Video Item Thumbnail How Credit Scores Work (and Why Yours Feels Like a Moving Target) | Part 5 of 14
Related Embedded Video Item Thumbnail KNOW These Things BEFORE YOU GO House Hunting | Part 11 of 14
Related Embedded Video Item Thumbnail Weak Letters LOSE HOMES (Mortgage Pre-approval) | Part 4 of 14
Related Embedded Video Item Thumbnail Self-Employed Mortgage Approval?! How Lenders REALLY Calculate Your Income 🤯 | Part 8 of 14
Related Embedded Video Item Thumbnail Mortgage Loan Types: Which is the Best Deal For You? | Part 10 of 14
For complete licensing information, please go to nmls.org | Company NMLS #129386 | Heidi Gates NMLS #162420 | Equal Housing Lender

Mortgage 1 ("the company") maintains policies and procedures designed to protect the integrity and security of consumer and customer information. Mortgage 1 Inc. is a national mortgage servicer and accepts payments from consumers. We are required to be licensed as a debt collection company. NMLS #129386. Thank you for considering Mortgage 1 for your mortgage financing needs. The Mortgage 1 Inc. Website uses cookies, tracking pixels and related technologies that collects personal information. Cookies are small data files that are served by our platform and stored on your device. Our site uses cookies dropped by us for a variety of purposes including to operate and personalize the website. Also, cookies may also be used to track how you use the site to target ads to you on other websites.

This is not a commitment to lend. Restrictions apply. All Rights Reserved.  Mortgage 1 Inc. is not acting on behalf of or at the direction of MSHDA, VA, Rural Development or the federal government.

Mortgage 1, Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Consumer Financial Protection Bureau P.O. Box 4503 Iowa City IA 52244

The actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. An LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms, and conditions. Terms, conditions, and rates are subject to change without notice. The information provided is for dissemination to and for the use of real estate and financial entities only and is not an advertisement for the extension of credit to consumers. Online homeownership education may be required. Equal housing lender, NMLS#129386