video: What Qualifies As Income For FHA?


Watch this video and take a few notes:  

  • seasonal pay
  • child support
  • retirement pension payments
  • unemployment compensation
  • VA benefits
  • military pay
  • Social Security income
  • alimony, and
  • rent paid by family  

all qualify as income sources.
Part-time pay, overtime, and bonus pay also count as long as they are steady.
Special savings plans-such as those set up by a church or community association - qualify, too.
According to HUD, income type is not as important as income steadiness with the FHA.

Brand and license this video, plus hundreds more, for your mortgage, title or real estate business. More Info Here.