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Channel: Trulia Voices: When homebuyer assistance programs list HUD income limits, is the amount before tax or after tax?
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Answer by C2 Financial Loans

Lemmie, For lending qualifications gross income (before taxes) is always used. Regards, Shawn

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Answer by Jean Powers

Lemmie, Shawn beat me to the punch...He is correct. Gross income is always used in qualifying for a loan. If you are thinking about purchasing a home, I can help you. Good Luck..

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Answer by Gilbert Richards

Always Gross (before tax) never net.

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