The amount of income used for qualifying will depend on your lender. The general rule of thumb is that they will use your guaranteed base income or the average of your last 2 years – whichever is higher. 

Here are a few scenarios which could change the income used:

• Basement suite income (if the suite can be rented – some will use 50-100% of the rental income)
• Rental income from current properties (each lender has their own calculation)
• LOA or vehicle allowance
• Child Tax Credit 
• Spousal or child support
• If the company you work for is owned by a family member
• EI or seasonal income
• Maternity leave income

if you have any questions about your income, please don't hesitate to contact me anytime!