Tag Archive for: RSU

Using RSU Income to Buy a Home in the Bay Area

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Not all RSU programs work the same way when it comes to getting a mortgage, and the company you work for matters more than most people realize. Google's front-loaded vesting schedule, Amazon's back-loaded structure, Nvidia's quarterly vest dates, they all create different income trails that lenders read differently. If you work at a Bay Area tech company and want to use your RSUs to buy a home, here is a company-by-company breakdown of what to expect and how to time your application.Read More

RSU Mortgage Pre-Approval: The Complete Checklist

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Getting pre-approved for a mortgage when part of your pay comes from RSUs is not complicated, but it is different from a standard application. There are more documents involved, more steps to verify, and more ways a lender can slow things down or miss income you are entitled to use. Getting organized before you apply makes the whole process faster and significantly increases the chances your RSU income gets counted in full. Here is exactly what to do and in what order.Read More

How to Calculate RSU Income for a Mortgage

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Most tech employees know their RSU income should count toward a mortgage. What they do not know is exactly how lenders calculate it, and the method matters a lot. The number your lender uses is not your brokerage balance, not today's stock price, and not the value on your grant letter. It comes from a specific formula involving W-2 history and stock price averaging that varies by loan program. Here is a step-by-step walkthrough so you can run the numbers yourself before you ever sit down with a lender.Read More

Does RSU Income Count Toward Mortgage Qualification?

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If your bank told you your RSU income does not count toward a mortgage, there is a good chance they were wrong or just did not know how to handle it. RSU income absolutely can be used to qualify, but the rules vary by loan program, and a lot of lenders simply are not trained to do it correctly. Here is a plain-English breakdown of what makes RSU income countable, which loan programs accept it, and what to do when your bank says no.Read More