Video Transcript:
You pay your spouse from your S-Corp, thinking it is a smart move. But mortgage lenders see this simple act as a major red flag stopping your loan. I am David Ghazaryan, and I guide my clients through this specific problem. Lenders need proof the job is real, not just a way to inflate income. The math is simple. They take your $180,000 business profit. They add back the spouse's $70,000 salary, giving you a total income of $250,000. (Data may vary over time) To make the lender count this income, you must prove the job is real. This means providing two years of W-2s, pay stubs, and clear job duties. A sudden salary started just months before you apply is a major problem. Lenders need a stable two-year history to see that the income is dependable. My analysis continues beyond this structure. For the complete guide and related content, visit my platforms. You can see the links directly in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/s-corp-spousal-salary-for-a-california-mortgage-loan
