Profile picture for Gary Bell

Gary Bell

Premier Agent

40 Recent Sales (last 12 months)

Associate Broker, RealtorĀ®

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Foreclosure

Advice

  • (49 Contributions,
  • 1 Best Answers,
  • 8 Helpful)

Contributions are sorted newest to oldest.

mfa loan denied

Answer

The MFA will probably have the final say on what is and what is not income. They have their own underwriting guidelines. You can call them directly at (800) 444-6880 if you want further clarification.

  (0)
Looking to buy a 500k house.

Answer

You could put down a larger down payment if you have that much in the bank. It would lower your payment. What seems to be holding you up is the debt-to-income given your current earnings.

  (0)