Applied for Aspire with income listed too low🔥

Is there a transfer record or lease that can prove the rent paid by the roommate? Without evidence, changing your story could actually make things more complicated.

Don't rush to resubmit just yet. You can call and ask whether the rejection letter cited insufficient income or some other reason, then decide whether to appeal. If it's simply that some materials weren't counted, adding a note about your rental income along with bank statements may be safer than just changing the numbers.

Banks don't all treat rental income the same way—some count it, some don't—so before you inflate the figure, it's best to check exactly what kind of proof they'll accept.

The issue may not be whether the number is high or low, but that not all income sources were listed. It's more practical to ask why it was rejected first.

When you call to appeal, they will most likely ask whether you have a formal lease for the rent, whether you file taxes, and whether you can provide records of regular deposits. If you only collect rent in cash and leave no paper trail, it will be hard to convince the reviewer that your income is understated based on your word alone. It is best to gather these documents before you get in touch.

Waiting a week and reapplying may seem easier, but two applications in such a short span can raise red flags with some banks; clearing things up through an appeal first actually saves you a hard inquiry.

How do you plan to explain, when you file the appeal, why the rent was omitted at the time? What you say will affect whether you need to pay it again later.