Are we able to do a repair set aside? There is no way the borrower can front the money. Also, since he just gets Social Security income and food stamps, we don’t need to update that do we? Can we do a VOD for the assets if we need any assets?
Unfortunately, there isn’t sufficient funds available for a set aside. You might check to see if there are some community groups or family willing to help with the required repairs. We need current receipt of income that can be covered with bank statements.