Banks love stability, but they really love giant piles of cash. If you’re a brain surgeon who also owns a chain of laundromats, perfect. If you’re a freelance mime, maybe not. The rule is: show a consistent two-year history of income that makes a banker’s eyes water. Pro tip: if your W-2 looks like a phone number, you’re in the club.
Self-employed? You’ll need tax returns that prove you’re not a hobo in a suit. Lenders will scrutinize your deductions. That “business trip” to the Bahamas? They don’t care if it was fun. They care about your net income. So, calculate your adjusted gross income like a hawk—or hire an accountant who eats calculators for breakfast.
