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Guidelines Q&A

Instant answers from FHA, VA, Fannie, and Freddie guidelines — with cited sources

YOU

Can I use a 2-year average for self-employed income on FHA?

ASSISTANT

Yes — FHA requires a 2-year average. The lender must average net income over 24 months, evidenced by signed tax returns.

FHA Handbook 4000.1 · II.A.4

Income Calculator

Agency-compliant income calculations in seconds

INCOME SUMMARY

Base Salary$6,250/mo
Bonus (2-yr avg)$833/mo
Rental Income (75%)$960/mo
Qualifying Income$8,043/mo
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Capabilities

Two tools built for loan officers

Guidelines Q&A

Ask any question about FHA, Fannie Mae, Freddie Mac, or VA guidelines and get a direct answer with the cited source — the exact handbook passage, expanded on demand. No more manual handbook searches.

Income Calculator

Underwriting-aware income calculation across 28 income types. Enter the numbers; get the qualifying income and the documents required for each scenario — flagged for you automatically.

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FAQ

Common questions