If you can not prove to the loan officer that you have a stable source of income don't count on getting the loan.
No, that is getting a loan with a loan. If anything it will count against your credit worthiness.
not always, in most cases whoever makes the most income is the primary borrower on the loan and the co-borrower is usually there for extra income and not their credit score.
No. Loans are never income
No. It is a loan, not income.
If you can not prove to the loan officer that you have a stable source of income don't count on getting the loan.
No, that is getting a loan with a loan. If anything it will count against your credit worthiness.
Medicaid in NY considers any loan/grant money that goes towards living expenses (beyond tuition) to be income for graduate students. Loan money is not considered income for undergraduates.
It depends if you claim yourself for taxes or not. You should chech with your guidance counseler.
does rental income count against ss income limits
not always, in most cases whoever makes the most income is the primary borrower on the loan and the co-borrower is usually there for extra income and not their credit score.
A stated income loan approves you for a loan based on the amount on income a person states. The bank does not verify this income. The only documentation that may be required is a Form 4506.
A stated income mortgage loan is a loan where a borriwer is not required to verify there income. These loans were very popular and common before the recent mortgage crisis.
does it loan to built homes for low income familes.
No, a student loan is NOT reportable income. Besides, it wouldn't make sense that immediate debt be considered income.
No. Loans are never income
Most people think that you need to be employed to get a loan. But if you have a recurring type of income, you may still be eligible for an unsecured loan, even if you don't have a job. Other types of income may count towards your income requirements, to include: social security, child support, disability, alimony, structured settlement payments, and pensions. If you regularly make more than about $800 a month in this type of income, you will more than likely be eligible for an unsecured loan for hundreds of dollars or more. Unsecured loans can help out in any type of money emergency, so consider one today if you need to.