Banks look at 2 past years and current YTD in net income for self-employed individuals.
The current year should be equal to the previous year or better - in income, or the lower of 3 years will be counted as income.
Usually, it is 2 full years.
Have your loan officer to check with another lender about your switching in the same industry -
it may not be an issue.
Hope for your sake 6K per month was net, not gross income...because banks only look at the net income.
Some deductions could be added back - so I'd look for a 2nd and 3rd opinion - to make sure
you get the best info.
Hope this helps,
Beachfront Realty, Inc.