What is considered income?

The following are acceptable forms of income:

  • Salary, bonus, or commission paid by your employer. 

  • Hourly wages, including overtime.

  • Self-employment income that you’ve earned consistently for a full calendar year. Please note that a filed tax return is required for verification.

  • Income earned from being a shareholder in a corporation or partnership. Please note that a filed tax return is required for verification.

  • Rental property income that has been earned for a full calendar year. Please note that a filed tax return is required for verification.

  • Trust, pension, disability, retirement, Social Security income or other form of public assistance income.

  • Alimony, Child Support, or Separate Maintenance. Note: This income does not need to be disclosed if you do not want it considered in your application.

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