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SSD as monthly income;so what type mortgage?

SSA determines monthly income,which mortgage program is best to qualify?
  • June 18 2013 - Molalla
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Answers (1)

Hi woodye85741,

Social Security Disability is considered "usable income" on all loan programs.

So I would suggest you use FHA, Conventional or possibly USDA financing to purchase a home. FHA requires 3.5% down payment, Conventional typically requires %5 down but USDA is a 100% financing option so NO down payment is needed.

Let me know if I can do anything to help!
  • January 21 2014
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