Your home location plays a role in determining the loan products we have available for your state.

It’s important for us to know how many people live in your home to determine if you meet the minimum residual income requirements set forth by the U.S. Department of Housing and Urban Development.

Count all members of the household without regard to the nature of the relationship:

• a spouse who is not joining in title or on the note,
• and any other individuals who depend on the mortgagor for support.

• a spouse not obligated on the note who has stable and reliable income sufficient to support his or her living expenses, or
• a child for whom sufficient foster care payments or child support is received regularly.

This information helps us determine if you meet the minimum income requirements and are able to meet certain home costs, including property taxes, insurance, and upkeep.

Income to include but not limited to:

• Employment Income
• Rental Income
• Pension/Retirement Benefits (based on period of continuance)
• VA Benefits
• Social Security, disability, workman’s compensation, public assistance

This information helps us determine if you meet the minimum income requirements and are able to meet certain home costs, including property taxes, insurance, and upkeep.

Assets to include but not limited to:

• Savings accounts
• Retirement accounts
• Investment accounts
• Life insurance cash value

This information helps us determine if you meet the minimum income requirements and are able to meet certain home costs, including property taxes, insurance, and upkeep.

Expenses to include but not limited to:

• Mortgage payments
• Property taxes
• Property insurance
• Credit card payments
• Car payments
• Car insurance
• Utility and living expenses