Can I use Social Security income to qualify?

Yes. Social Security income counts, and because much of it is non-taxable, lenders can 'gross it up' — adding roughly 15% to 25% — which increases your qualifying income.

You'll document it with an award letter and recent statements. The grossing-up rule helps retirees and disability recipients qualify for more. We'll apply it correctly to your file.

Related Affordability & Income Questions