Tag: Annuity Income

How Does FHA Calculate 401k Distributed Income During Retirement Years?

Question: My client has income from their 401k. Each year this is a different amount based on their needs.  How would I count this type of income for an FHA loan? Mortgage Income Analyzer™ – Retirement Account Withdraws Answer: A two-year average may be acceptable for the 401k distributions, if this income type is going […]

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