Debt Ratio for Income/Loan Modification
Hello all,
I have a question about income for a loan modification. I have 2 grown sons who still live here and they help pay what they can afford a month and we put that towards the house note. My question is, when they ask on the financial papers for other income should we add that? I was reading where the debt/loan/ratio can't be that good(and ours isn't great) and am wondering if reporting that would hurt or help us?
I thought it would help us but after reading this, it may not?
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