Why two years is preferred
Commission income can change from month to month, so lenders commonly review a longer history to calculate an average and identify whether earnings are stable, increasing, or declining.
A shorter history may work
Some loan programs may consider 12 to 24 months of commission income, especially when the borrower has prior experience in the same industry or line of work. The exact requirement depends on the loan program and full file.
What the lender reviews
Expect a review of year-to-date earnings, prior W-2s or tax returns when required, paystubs, employment history, written verification, commission structure, and the likelihood the income will continue.
Let me review the whole picture
Do not assume you have to wait two years. A strong employment history, consistent earnings, and the right loan program may create options that are not obvious from a generic checklist.
Your next step
Let’s talk about what this means for you.
You do not have to figure out every mortgage detail on your own. Tell me the goal and we can work through the questions.
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