Mobile Home Parks - Does this sound right? Need Help!

[Darren McGillvrey]

I am trying to help a woman who had her Mobile Home burn down this summer in the wildfires. She is trying to buy another MH in a park in a completely different county. (Leased Land) The MH Park has denied her based on income but they're only counting 1 income. She is currently a care giver for her mother so her mother is living with her. Her mom has a SS check that the daughter has control over to care for her needs. So, each of them have an income. Also, She currently has $20k in the bank she received from her last MH and the SBA is giving a loan to her for over $100k. This feels wrong to me but I don't know if that is normal.  Does that sound right?

[Mike Reynolds]

Originally posted by @Lynnette E.:

I am not sure if it is correct or not, but I look at household income and when the adult caring for the parent took a salary from the parent's income I did not count that as income.  Example parent gets $1000 a month in payment.  Adult child has no job or income except that adult child takes $800 from the parent as a caretaker charge.  If you add the two incomes together you have household income of $1800, so they have 3 times the rent for a $600/month house.  But really they have the income of $1000 a month and should be in very low income housing at $333 a month.  Also, there was not W-2 or tax forms to show that the $800 the adult child claimed as payment was really officially transferred to the adult child as payment or taxed.  They would not have been able to afford the house.

I had a similar situation with a disabled vet and her caretaker who she paid out of her $.  Her income was $3200 and she said that she paid 1/2 to her caretaker.  I did not count that income twice either.  Though in her case she qualified based on her income alone as having 3x the rent.  She was not selected for other reasons.  (credit score in the 500s and her assistant who paid her bills was in the 400s.)

I am not sure that loans work the same way, but the reasoning of if something is affordable is the same.

Not sure about the whole story either but Medicare (I think) will pay for in house care. It is 20-30 hours a week at less than 10 bucks an hour in this location but it is W2 income. I know of some people who have had to quit jobs and do this.