Compliance Income Calculator
* The Special Funding program is New Construction Program for Single-Parents, Disabled and Elderly
For all MRB Special Funding Loans, spouses and all other adults (18-years old and older) who intend to live in the
home and who are not co-applicants and will not be on the Note of Deed must disclose
all sources of income including any alimony or child support which they may be receiving.
The non-applicant's income must be documented by providing current income documentation.
The income of the head of the household, spouse, co-head, other adults (18-years
old and older) and income received on behalf of minors or by minors for their own
support must be counted to ensure the household does not exceed the compliance income
limitations.
DISCLAIMER
Although every precaution and test we could think of was used in the design of this
program, KHC does not guarantee that it is 100% accurate all of the time in all
situations. It is designed for your convenience in making a determination whether
an applicant's income levels will qualify them for a loan under KHC's guidelines.
Please understand that using this program only allows you to do calculations and
does not constitute a commitment of financing for any specific loan amount.