What Counts as Qualifying Income When Buying a Home?

When applying for a mortgage in Kansas (Kansas City and beyond), KCity Mortgage Loan Officers look at your qualifying income to decide how much you can afford to borrow. It helps them assess your financial stability and ability to repay the loan.

Qualifying income typically includes wages, salaries, commissions, bonuses, and other reliable, documentable income sources. The key is that it needs to be consistent and verifiable — side hustles or cash jobs won’t always count unless properly documented.

Your qualifying income plays a big role in determining your loan amount, so it’s helpful to understand what does (and doesn’t) count ahead of time.

Have questions about what income you can use when applying for a home loan? Reach out to a Loan Officer at KCity Mortgage — we’re happy to help!