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FHA guidelines state that SSI may not be counted as active income if the child’s benefits are scheduled to expire within three years of the mortgage application. The lender has the discretion to.
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MBA Weekly Survey: Mortgage Applications Fall 4.3% – On an unadjusted basis, the Market Composite Index, a measure of mortgage loan application volume. The drop in refinances were driven by fewer FHA and VA loan applications, which typically lag the.
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