Honestly, I’ve had clients get three different answers about income limits in the same week. It’s wild. One time, I called to double-check a requirement and the staff literally pulled up a different version of the form than what my client had. Keeping everything in writing is key, but even then, I half expect the rules to shift mid-process. The asset test thing drives me nuts—sometimes they count retirement funds, sometimes they don’t... depends on who’s at the desk that day, I guess.
- Been there, seriously. I refinanced last year and the paperwork circus was unreal.
- One person told me my 401k counted as an asset, another said it didn’t unless I was over 59½, and a third just shrugged and said “depends on the lender.” Super reassuring, right?
- I started keeping a folder of screenshots and emails because I just don’t trust that the info will be the same next week.
- The asset test is the worst. I had a friend who got denied because her savings account “looked too healthy,” but then her neighbor with a similar balance got approved. Makes you wonder if they’re just rolling dice back there.
- I get that rules change, but it feels like nobody’s reading from the same playbook.
- Honestly, I think half the staff are as confused as we are. I had one guy admit he’d never even seen the form I was talking about.
- If you’re applying for these grants, double-check everything and don’t be afraid to ask for stuff in writing.
- Also, don’t be surprised if you get a different answer every time you call. It’s like a weird game show—“Will your retirement account count today? Spin the wheel!”
- At this point, I just expect to be surprised. Keeps things interesting, I guess...
Anyway, hang in there. The process is a mess, but sometimes persistence pays off.
Yeah, the inconsistency is wild. I’ve run into the same thing—one underwriter calls my rental properties “income,” another says they’re “liabilities.” Makes me wonder if anyone actually knows how these guidelines work, or if it’s just interpretation on the fly. Has anyone managed to get a clear answer in writing about what counts as an asset for these grants? Or is it always just a moving target?
