Social security income can be used to qualify for a mortgage from the date of receipt and you do not need to wait a certain period of time before you can apply for a mortgage. Please note that if you want to use social security income to qualify for a mortgage, lenders require that you provide a copy of your benefit letter that states the monthly social security payment you receive.
We always recommend that you contact multiple lenders to understand how they would handle your unique situation. You can review lenders in your area by clicking INTEREST RATES We advise you to contact at least four lenders as as shopping lenders is the best way to save money on your mortgage. You can also use our Personalized Mortgage Quote feature to receive no obligation mortgage quotes from up to four lenders.