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Income question

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whodatnation2
Regular Contributor

Income question

My wife we be going back to work this fall as a teacher. She has stayed home for the last two years raising the kids. She has a 3 year working history as a teacher before the kids were born. Will we be able to use her income for mortgage purposes or will we have to wait 2 years?


Starting Score: EQ 564, TU 560
Current Score: EQ 724, TU 770, EX 789
Goal Score: 740


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Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: Income question

My gut is telling you will have to wait.
Message 2 of 7
601pink15
Valued Member

Re: Income question

What state are you in??
Message 3 of 7
whodatnation2
Regular Contributor

Re: Income question

Im currently in Texas but the new mortgage will be in Louisiana 


Starting Score: EQ 564, TU 560
Current Score: EQ 724, TU 770, EX 789
Goal Score: 740


Take the FICO Fitness Challenge
Message 4 of 7
601pink15
Valued Member

Re: Income question

Contact DallasLoanGuy on this forum! He's great! I was in the same situation(returning to my field after being a SAHM)& went through him.
Message 5 of 7
601pink15
Valued Member

Re: Income question

Forgot to add he can do loans in Louisiana too!!
Message 6 of 7
whodatnation2
Regular Contributor

Re: Income question

Bump


Starting Score: EQ 564, TU 560
Current Score: EQ 724, TU 770, EX 789
Goal Score: 740


Take the FICO Fitness Challenge
Message 7 of 7
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