said Friday its second-quarter profit rose 12 percent, beating Wall Street's expectations, as a result of solid loan growth and an increase in non-interest income. BancorpSouth Inc. There is no upper age limit set by HUD for the borrower. Nor is there a certain income level that the borrower must achieve in order to buy a home at a certain price. And although income is certainly an important factor, it is simply one of the several determining factors which are used by the HUD to find whether the borrower will be able to repay the .