My borrower has earned bonus income for 1 year. Can I use for qualification on an FHA loan?
ANSWER: FHA requires a 2 year history of receipt for bonus income to be used for qualification
Bonus Income
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My borrower has earned bonus income for 1 year. Can I use for qualification on an FHA loan?
ANSWER: FHA requires a 2 year history of receipt for bonus income to be used for qualification