Posts Tagged ‘dallas fha’

Quick FHA Fact

Thursday, January 8th, 2009

Military Income:

In addition to just the base pay, military personnel may be entitled to additional forms of compensation. Income from variable allowances, clothing allowances, flight or hazard pay, rations, and proficiency pay is acceptable, provided that its probability of continuance is just verified in writing. An additional consideration may be the tax-exempt nature of some of these payments which can be grossed up by 25%.