Income types

WVOE only loans.

Salaried borrowers whose employer will complete a written verification of employment.
Programs and matricesGuidelines PDF(opens in a new tab)Get pricing

6 cakes take WVOE only.

Every cake with a published matrix for this income type, largest loan first. Open one for its limits and matrix.

What the file needs.

Income as the employer states it on FNMA Form 1005. Bonus, commission, and overtime count when most income is base pay.

  • Two years with the same employer, verified by HR, payroll, or a company officer
  • FNMA Form 1005
  • Primary residence only
  • No paystubs, tax returns, W-2s, or 4506-C
  • A verbal verification of employment within 3 days of closing

From the Non-QM guidelines, version 5.0, section 6.6. The guidelines and matrix govern every file.

Read the guidelines (PDF, opens in a new tab)

Check a scenario.

Enter your credit score, LTV or CLTV, and loan amount to find programs to review. Confirm your exact combination in the matrix.

Income or loan type

5 programs to review

These programs meet separate published ranges. Score, LTV and loan amount limits may not apply together. Check the matrix for your exact combination, purpose and property.

6 counting their Lite and Investor versions

  • Sponge Cakealso Lite620+ · 80% LTV · $3MView matrices
  • Bundt Cake660+ · 80% LTV · $3MOpen matrix PDF
  • Cheese Cake680+ · 80% LTV · $3MOpen matrix PDF
  • Coffee Cake Lite680+ · 80% LTV · $3MOpen matrix PDF
  • Cup Cake620+ · 80% LTV · $1MOpen matrix PDF

Try a different search

Price it with an AEWVOE only: every cake

Confirm eligibility with the matrix and guidelines before quoting or submitting a file.

Other ways to document income

Have one of these files?

Talk it through with an account executive at (833) 717-0401 before you submit, or apply to become a partner and submit in TPO Connect.

Become a partner(833) 717-0401

Already approved? Broker login (opens in a new tab)