Question by Christina: can the mortgage for a florida housing bond change if my income increases during the term of the loan?
We have been approved for a FHA Florida housing bond mortgage. If our income increases during the term of the mortgage, can our loan be modified or increased as well?
Best answer:
Answer by saurabh
Yes . There is a limit depending upon the company policies. If you have paid a certain installments of an existing loan, the loan amount can be raised depending upon your income. Depends upon the condition that if your previous loan was dependent upon your income,
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