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Mortgage question

We are building a home and have a question about what income can be used to qualify for the home.

I work a w2 so that’s an easy yes.

I also run a side business that has grown well over the past year, my spouse works for it and is my only employee. I technically am the only “owner” of the biz and so my spouse is on paper just like any employee.

Is the income I pay my spouse able to be added to the qualifying income? They are w2’d through the business just like another employee. Do I need to disclose that I own the business.

For more detail, this side biz is 3 years old but hasn’t really seen any significant revenue until the past year.

Thanks in advance for your insights!

submitted by /u/Square-Group-4917
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source https://www.reddit.com/r/RealEstate/comments/vn8pok/mortgage_question/
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