Income Worksheet

The income worksheet, also known as the income analysis or income calculation worksheet, is a tool used by lenders to document and analyze the borrower's income sources and determine their qualifying income for a mortgage loan. The worksheet provides a structured format to gather information and perform calculations related to the borrower's income. Here are some key aspects of the income worksheet:

It's important to note that the specific format and details of the income worksheet can vary among lenders or loan programs. Some lenders may use standardized worksheets, while others may have their own customized versions.