Carry out FHA finance deal with impairment money?

Such as https://onlineloanslouisiana.net/ the most other mortgage programs revealed over, FHA financing enable it to be each other SSI and you may SSDI money on the mortgage software. Centered on FHA recommendations, disability income is going to be affirmed having any of this type of records:

• Government tax statements
• The most recent financial declaration showing receipt of money of social characteristics software
• An evidence of Earnings Page, known as a good “Finances Page” otherwise “Masters Letter” that displays money on the SSA
• A duplicate of the borrower’s Personal Safeguards Benefit Report

Several other benefit of the latest FHA financing would be the fact you’re permitted to coverage a hundred% of one’s downpayment and you will settlement costs playing with down payment direction otherwise gifted money. Read more