Maximum Income – Employer Business Reimbursements: How do I determine what income is and is not included from the W2 and Tax Returns so that I don’t exceed the Maximum Allowable Income?
Answer: Getting the income wrong on a USDA loan can mess up your eligibility. I’m the USDA expert, so call me first. We are attaching the full guideline from the 3555 Manual, for your reference. However, here is the part you may want to reference. A. Income that is Never Counted (ref: 3555 9.3 Annual [...]