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What counts as income ? (Financial Assistance)

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Anonymous
Not applicable

What counts as income ? (Financial Assistance)

What types of financial asistance is/can be considered additional income ?   I dont receive cash but i do receieve food stamps. Does that count ?

 

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2 REPLIES 2
Anonymous
Not applicable

Re: What counts as income ? (Financial Assistance)

My opinion is I don't think lenders do count food stamp because they are used for food purpose, not the housing income.

Message 2 of 3
StartingOver10
Moderator Emerita

Re: What counts as income ? (Financial Assistance)


@Anonymous wrote:

What types of financial asistance is/can be considered additional income ?   I dont receive cash but i do receieve food stamps. Does that count ?

 


What down payment assistance program are you using?  Have you read their guidelines or spoken to one of the reps?  They usually have their information posted on the web somewhere. It's worth taking the time to review the guidelines of the particular program you are using. 

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