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The money you receive from your Pension is considered passive income. You are probably also receiving SSI. Take your SSI monthly income and multiply that by 125%.
Add that to your pension income. That is your total income plus what else you may be receiving. With your new housing payment (PITIA) plus your current debt should not exceed 45% of your income for qualification purposes.
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Since November 2009
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my penison is tax free,how do they figure what I CAN AFFORD.
wfamilyman
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