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Updated over 4 years ago on .

User Stats

6
Posts
1
Votes
John Osborne
  • Newport News, VA
1
Votes |
6
Posts

Salary Job vs Sales for loan qualification ?

John Osborne
  • Newport News, VA
Posted

Hey everyone,

I currently have a salary job but am considering transitioning into sales. I was wondering how this would effect approaching banks for traditional financing? With a salary job you can provide a set income level but with sales, especially jobs that are heavy commissions based, income can fluctuate. Are banks more skeptical to provide traditional financing to someone with sales based income? Thanks.