Posted on: 14th Sep, 2010 06:23 am
Actual Monthly income of $717. $30,000 purchase price.
30 year fixed FHA @5%. PITI 257.16. Monthly debt $273.16. Potential $7500 grant assistance for down pay and closing costs.
30 year fixed FHA @5%. PITI 257.16. Monthly debt $273.16. Potential $7500 grant assistance for down pay and closing costs.
Hi vtdryrot,
As far as I know, social security income will be taken into consideration when the lender offers the loan to you. It will be taken into account while calculating your debt to income ratio.
Thanks
As far as I know, social security income will be taken into consideration when the lender offers the loan to you. It will be taken into account while calculating your debt to income ratio.
Thanks