Government job and retiring in April and I want to buy a home.

If you are of retirement age, then the underwriter looks for the award letter from your pension folks advising what your gross income from the pension is. To that they will add any Social Security income to determine what your usable income is for underwriting purposes. In many cases, if you are looking to buy in the area where you now live, it may make more sense to buy the 'primary residence' home now while you can still use your employment income to qualify. I have helped many folks buy a 'second' home in the town they plan to retire to while they were still working to take advantage of the higher employment income. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in AZ, CA, GA, OR, WA... In fact, NEXA is licensed in all states except MA and NY and we are pending approval in VA, so give us a call. ~ www.ApplyYes.com 480-889-9000.