Priority Status Changed to Non-Priority

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    I am having a little difficulty understanding this. Whenever I went through the process of NACA qualification, I was told that I would be considered a priority member. I received a notification yesterday evening that I was Credit Access Approved. I am reviewing my loan estimate and I see that I was given the non-priority interest rate. I reached out to my MC and he confirmed that I am now considered a non-priority member. This changes many things for me and now I am reconsidering this whole process. From reading other posts on the forum (extremely helpful btw), it is apparent that BOA uses a different method to determine an applicant’s priority status, although not very clear on what that method is. Does anyone know how BOA determines priority status? What income(s) (2021 income, current income, average of the two) are being compared to the 2021 FFIEC Estimated MSA/MD/non-MSA/MD Median Family Income? Some clarification would be greatly appreciated.


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    I can’t say for sure how BOA is determining your income, but what I do believe is that they look at both your prior years W2s and current paystubs to see how your income is trending and if you are on track to exceed the median income for your MSA. So if your current YTD gross and expected future income including trending overtime and bonuses indicate you will be over the median income for the MSA…non priority.

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