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Mortgage  Question?
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Can you include expense reimbursements qualify mortgage?

My company reimburses me for certain expenses, such as for my cell phone and personal computer. Can I include these these figures to my total annual income when I apply for a mortgage?

Harry Jensen, Trusted Mortgage Expert with 45+ Years of Experience
, Trusted Mortgage Expert with 45+ Years of Experience

You should make the lender aware of any income you receive from your employer but lenders typically will not include reimbursement payments when calculating the amount of income used to determine your ability to qualify for a mortgage. Lenders are usually conservative when it comes to calculating a borrower's income and may believe that your company's reimbursement policy could change in the future or they may consider it non-recurring income. We offer a thorough explanation of borrower mortgage qualification guidelines on FREEandCLEAR

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About the author

Harry Jensen, Mortgage Expert

Harry is the co-founder of FREEandCLEAR. He is a mortgage expert with over 45 years of industry experience. Over his career, Harry has closed thousands of loans for satisfied borrowers and now offers his advice and insights on FREEandCLEAR. More about Harry

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