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Reply To: HMDA Income Question

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#12594

jholzknecht
Keymaster

1. If your borrower is an individual you report the income of the individual. Cash flow is not income. If you are certain that your lenders did not consider income then NA is the appropriate entry.

2. It sounds like you lenders are picking through the income statement to calculate the cash flow. They have income figures but do not rely on them in the credit decision. NA is still your answer.