FHA looks at the most recent 12 months of overtime income to determine an average amount. Sometimes this fluctuates so call me 1st to help you determine your qualifying income.

Article Title: FHA – Overtime Income Calculation:  How do I calculate overtime income when it was higher in 2016, lower in 2017, but higher YTD? Answer: You will need to do 2 or 3 different calculations to figure out your qualifying income. Average the most recent 12 months of overtime income. Average the overtime income […]

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