Typically, pastors fall into this process: Decide to buy a home, choose a lender, get prequalified, get under contract for a home, provide income documentation, underwriting does not count the housing allowance because it does not report on tax returns, and then the pastor starts looking online for answers.Īnd here you are! Most of the referrals we receive for pastors buying a home come from this or other articles we have written on this topic. Often, there is the sound of frustration and exhaustion when we receive calls from pastors, priests, or ministers. Regretfully, the clergy has a difficult time getting qualified for a mortgage loan. It is a form of income to fully pay or at least allow a part of the expense to own or rent a home. ![]() ![]() A housing allowance is often a common and critical portion of income for pastors.
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