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Does N.C. Housing Finance Agency “gross-up” Social Security income?

agency Finance gross-up HOUSING income social security
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Does N.C. Housing Finance Agency “gross-up” Social Security income?

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NCHFA will “gross-up” Social Security income by 25% for qualifying purposes only. On a cash flow analysis required for our Downpayment Assistance Program, only the actual Social Security received by that borrower can be used.

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