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  1. Join Date
    Jun 2009
    Posts
    46
    #1
    Hi Guys!!

    Just wondering....

    Im about to apply for a Car Loan and such, so obviously i'd have to prove that im financially capable of paying for a car.

    The thing is, im a freelance Sound Engineer aside from owning my own Garments business (its a corporation btw)

    Question is how do i include my other income streams in my loan application since i just get minimum wage in my corporation (so that all the profit can be divided for the directors) and i get the serious bulk of my money doing freelance work.

    Any loan officers out there who knows how i can input the data (Monthly average freelancing income, Corporate dividends?) in a loan application?

  2. Join Date
    Sep 2005
    Posts
    15,326
    #2
    dapat nag fi file ka pa din nang income tax return kahit freelance work.. that will be the only proof na kinikita mo nga yun.. kaso dito sa atin.. pag freelance.. hindi na nagbabayad nang tax..

Loan Approval for Guys with Multiple Income Streams