Yes, based on Compliance Income (including household income) Income limits from HUD 2022 150% AMI guidelines Unlike income that is averaged for credit underwriting, the bond program is concerned with actual current income. You should be reviewing the YTD income, the income of the last 4 months and the income shown on previous tax returns for consistency. You should not be averaging income. If there are not inconsistencies in earnings, use the guidelines for each loan type to determine current gross monthly income. Current gross monthly income is multiplied by remaining months in the year to determine “total current annualized income”. Income limits for Freddie Mac HFA Advantage program is determined by Freddie Mac and already calculated within the program guide.