How to Document a Client's Reliance on Discretionary Bonus Income for Affordability
Navigating the complexities of mortgage affordability has become increasingly challenging in a fluctuating economic climate. For many high-earning professionals, a significant portion of their annual compensation comes in the form of discretionary bonuses. While this income is a reality for the borrower, lenders view "discretionary" payments with a high degree of scrutiny because they are not...
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