On Part 1 of Got Bonus, I covered how lump sum cash or increases to salary are treated when it comes to qualifying for a home mortgage loan. In this post, I’ll address how bonuses that are in the form of company stock are treated by lenders. [Read more…]
Got Bonus? Part 2: Stocks
Filed Under: Underwriting and Qualifying Tagged With: bonus, income, stocks
Got Bonus?
The Seattle Times announced yesterday that Boeing employees will be receiving a record $600 million in bonuses starting next week. From the Seattle Times:
“Boeing’s nearly 66,000 current employees in the state will be eligible for the bonuses. More than 6,000 more who worked at least part of last year before leaving the company will get a partial bonus, prorated according to how long they worked last year.” [Read more…]
Filed Under: Underwriting and Qualifying Tagged With: bonus, income, stocks
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