We have a potential borrower that created a non-profit in Aug 2015. She started paying herself from the non-profit in Jan 2016. Obviously, she has not yet received a W2 yet from her non profit. Now she is applying to purchase a home. So my question is, how would you evaluate the income? Like a self-employed borrower or like a W2 employee? This borrower worked previously in a similar line of work for 8 years prior to creating the non-profit.

like a W2 employee