Can I add my self employment income to our mortgage application?

Sure, you can add the self-employed income. The lender is going to want to see the 2022 returns (if done), and also the 2021's if you've been in business less than 5-years. If 2022 not done, you will need 2021 AND a P&L Statement to show how 2022 went. They will be very concerned about, and looking for declining income. For example, if you are down 50% from last year, will you be down another 50% next year? I'd just leave the self-employed income out of the picture unless you absolutely need the self employed income to qualify. I lend in WI, MN, IA, ND, SD, Find me at FirstTimeHomeBuyer-MN.com | Cambria Mortgage | NMLS 274132

you can ass the self employment to your application ...most underwriters will use 2 yr average of the income that appears on the tax returns ...so if your 2022 income was decent - get your 2022 returns completed and filed asap ...otherwise the 2021 and 2020 returns will be averaged for the seld employed componenet ....your present salaray / wage on your w2 job will also be usable- thanks - good luck - Dave SKow... I am licensed in WA. Find me at dave.skow@movement.com or 206 714 9745 | Movement Mortgage | NMLS 278613....let me know if you would like a referral to a loan officer in your location