So I was talking to a credit union loan officer on the phone and I told them this year I am getting money, in addition to my salary from work, for selling farmland I will include this on my application. She then said…well how can we verify that?
I said…one of three ways….
1. the canceled check,
2. the money I deposit in my credit union account is the exact same amount of the check
3. a letter stating what I got the check for, a farmland sale.
She said…not sure that will work
I don’t see how this income is different from a real estate agent’s income..theirs varies from year to year…and obviously mine is too….
Do you think this loan officer did not know what she was talking about?