If a borrower has applied for a KHC Secondary Market Program loan and will retain their current non-KHC financed residence and rent it, what portion of the rent should be included?

For a KHC Secondary Market Program loan, use the amount of monthly rent received for the retained property minus the PITI from the retained property in the compliance income calculation. For MRB or MCC loans, rent income does not apply since borrowers may not own other property.