FHA or Other Mortage While Collecting UI Benefits?I live in a seasonal economy area, and I know that UI (unemployment) benefits income can be used by lenders if there is a history and expectation of it continuing year after year, and my situation will certainly qualify. (Yes, I do return to the same job each year.. I am 100% shareholder) What I don't know is if lenders will approve a mortgage during a period while I am off payroll and collecting UI? It would be so much easier for me to look for a home while I actually have the time; during work season I just plain can't do it, except for a few weeks during shoulder seasons. For FHA and conventional, please.March 05 2014 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.