finance






 

Question by  roman23 (8)

What are the FHA income restrictions?

 
+6

Answer by  rudy0804 (8)

The FHA income restrictions do not require the borrower be in a position for a specified length of time, however the borrower's current income must be expected to continue for at least the first three years of the mortgage. This rule is applied to all types of legal, reportable income.

 
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