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Updated over 1 year ago,
Self-employment and FHA loans
I have been self-employed in healthcare for 3 years, but in the industry for 15. My business deductions greatly reduce my tax burden, but also my income on paper. However, my actual take-home income is much higher than what tax records would reflect. How is self-employment income considered for FHA loans? My credit score is 830 and I have 10% to put down in my price range.