Navigate unique loan scenarios with this flexible microlearning series. Choose your preferred format—video, audio, or job aid—to help understand complex loan topics and GSE guidelines at your own pace.
Parsonage Income
In this episode, we explore the concept of parsonage income, also known as a housing allowance, and its potential impact on a mortgage loan application. This includes where parsonage income comes from, potential benefits of the income, GSE guidance†, and scenarios.