Qualification/Payment Shock

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  • #69306
    zuboogie
    Participant

    My qualification form says that my payment shock is $0. Could this be a mistake? I’ve been saving $900 up until now. I wasn’t sure and I have tried to contact 3 different MCs and no one gets back to me because it seems everyone is busy at ATD events. Has this happened to anyone else?

    #69310
    Nelsont
    Member

    The form won’t show what you are saving. It will show the difference between your current rent and what you will be approved for. Zero just means your current rent is very close to or more than your approval amount. Now in those cases it’s still recommended you save at least 200 as your payment shock anyway. In your case you are saving well above so you have nothing to worry about.

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