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    Is NACA now using 2020 MSA figures? Will my most recent pay stubs be used to calculate this, or my income based on 2019 taxes?

    Thank you


    I’m not sure. What I do know is it’s not nacas decision. It’s the fhfa. Financial institutions don’t get to decide-the government mandates. July is when the conforming loan limits are updated and August/September the msas are updated.

    Your income is based on your current rate of pay before taxes overtime and bonuses. Your tax return will be used to verify consistency in income. They will be used to determine your affordability if you do not have consistent base pay for instance comission based jobs you might make 1000 one month and 10000 the next.


    Yes the MSA updated beginning of August. My PSL form on the webfile updated to coincide with the new figures on the 3rd I believe. The area I want to purchase in I was above by a few hundred dollars. Now with the update I’m below by a couple hundred. Thank God!


    Thank you both

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