DYK....? that if the borrower receives 1099's for their SSI income (which means it is taxable SSI)

that it CANNOT be grossed up?

 

Only non-taxable forms of fixed income may be grossed up.

 

 

 

Happy Selling!
Justin Perry
Sr. Underwriter
Gateway Mortgage Group
1255
W. 15th Street| Ste. 540| Plano, TX 75075
972-908-3390 ext. 125| 918-392-8349 eFax

2/15/2010
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