The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

"Illustration of a homebuyer navigating mortgage options with icons representing cannabis income, FHA restrictions, conventional loan pathways, and financial documents, symbolizing the challenges and solutions for cannabis industry workers seeking home financing.

Understanding Cannabis-Related Income and FHA Loan Qualification

By Scott Sheldon / June 12, 2025

Can You Use Cannabis Income to Qualify for a Mortgage? Here’s What You Need to Know As the cannabis industry continues to grow, so does the number of homebuyers earning their income through state-legal cannabis businesses. But when it comes to qualifying for a mortgage—especially an FHA-insured loan—these borrowers face unique challenges due to conflicting…

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