From what I'm hearing you are 100% prime and in good shape!
What you need to start thinking about is what are you going to do with you "wifes" house? Congratulation by the way!!! You have a lot of options!! You could do one loan but you will be over 80% loan to value and will have PMI or TAMI. On TV and the radio you here loans with no PMI... that's TAMI and its just added it to the rate. Its good cause you can write it off but more of a pain to get take off.
You can also split the loans up. 80% first and a 15/20% second to avoid all that but the rate on the second will be higher than the first and the first will be low.
It's a load off knowing that we have the situation well enough in hand that we can go forward. Her house is about 60miles away from where I work and from the other house. Living 60 miles away is far from ideal long term since it ends up being a 2.5 to 3 hour commute each day. Right now our focus will be to get her house on the market and ready to sell.
We found one that is almost perfect except we want to have a pool, and we'd have to put up a retaining wall since the backyard has some slope and possibly remove a tree or two.
Very much appreciate your participation in the forum and answering my post.