Can you qualify for a home loan with 20% down if you are on Social Security Disability and pension?

Absolutely,Social Security Disability benefits can qualify to buy a home. I can help .Vadim BogdanovBrokerNMLS ID: 234616CA BRE:01445451FL:LO43302Direct:1-818-208-7772Fax:1-844-988-6678vb@utmostpro.com

Yes you can. We do it all the time. If you need help or more information,reach out to me anytime.Martin MesaPresident & BrokerRate One Financial, Inc.696 East Colorado Blvd., Ste. 205Pasadena, CA 91101818.284.6480 ext. 103 Office626.389.1763 Faxwww.rateonefinancial.com

Both social security and pensions are acceptable qualifying income for home loans. So that isn't an issue. Of course there is a lot more to getting a home loan than just that. So talk to your local mortgage broker for more information. For loans in MN, WI, and SD, visit me at www.MortgagesUnlimited.biz

Lending rules do not require you have a job.. but you are required to have income.. and the income must be "Likely" to continue for the next 3 or more years.. if you are at retirement age, and your SSD is switched to SSI, then not a problem... that income can be considered.. If you are not at retirement age, and you are on SSD and pension, then we would need proof that your disability is likely to continue for 3 or more years.. a note from your doctor would suffice, however, most doctors wont write that letter, so it could be a challenge, but certainly not impossible.. Give me a call and let's discuss your scenario in more detail. i'm sure we can find a way to make it work. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

You might qualify for a home from 3% down to 20% down even if your income is only, or primarily social security. When it is the only income or along with other limited income, it is possible to have your income increased by 15% for qualification purposes (more close matching with the gross income used for w-2 employees).