What Helps Union Borrowers Get Approved for a Mortgage Loan

Описание: Union Workers & Mortgages: Why Income Documentation Can Be Tricky (and How to Prepare)

If you’re a union employee, you might say, “I work for the union.”
But when it comes to getting a mortgage, that’s not always how lenders see it.

Here’s why — and what you can do to avoid surprises.

Why Lenders Ask More Questions for Union Income

🔹 You may work for multiple companies
Even though the union assigns your jobs, your paychecks often come from different contractors. That means multiple employers on paper — even if you’ve stayed in the same trade for years.

🔹 Multiple W-2s are normal… but still reviewed
Union workers often receive several W-2s in a year. This is common in union trades, but lenders must review them carefully to confirm income stability.

🔹 Work can be project-based or seasonal
Some union jobs depend on contracts, weather, or demand. Short gaps between assignments are normal — but they usually need to be explained.

🔹 Overtime and premium pay don’t always count 100%
Overtime, shift differentials, and per diem can boost your income, but lenders typically average these over time to make sure they’re consistent.

What Lenders Are Really Looking For

✔ Consistency in your trade
✔ A history of steady earnings
✔ Proof that your work is likely to continue
✔ Clear documentation showing how union assignments work

This doesn’t mean union workers can’t qualify — it just means the income needs to be presented the right way.

How Union Workers Can Prepare Before Applying

📄 Gather two years of W-2s (from all employers)
📄 Keep your most recent pay stubs
📄 Be ready to explain any gaps between assignments
📄 A union letter confirming membership and work structure can help

Working with a lender who understands union income makes a big difference.

The Bottom Line

Union workers are often highly skilled and consistently employed — even if the paperwork looks different. The key is proper documentation and guidance from the start.

If you’re a union employee thinking about buying, refinancing, or using your home equity, let’s talk early so we can structure your file the right way.

📞 404-461-3172
🌐 ReggieLoans.com

Your job makes sense — even if the paperwork doesn’t. I’m here to help.