No. If the borrower is qualified using base, bonus, and
overtime pay, and commission income is less than 25% of the
borrower’s annual employment income, unreimbursed
employee business expenses are not required to be analyzed
or deducted from qualifying income or added to the monthly
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- Brian Nguyen is a senior loan consultant (NMLS 659743) who learned more about this stuff than he ever intended to. The opinions expressed here are solely his own.