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Question about wifes income

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Klesko
Regular Contributor

Question about wifes income

We are planning to apply for a FHA mortage come this June. My wife worked as a teacher from Aug 2006 to Feb 2009 then took time off to stay home with our child. She started back working as a teacher Jan 2011 and works there today.

 

Will we be able to count her income in out DTI etc when applying for a FHA Loan?

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Message 1 of 3
2 REPLIES 2
cdtotten
Established Contributor

Re: Question about wifes income

Yes there won't be any issues there.


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Current Score: 778 EQ, 781 TU, 778 EXP 07/20/12 Lender Pull
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Message 2 of 3
DallasLoanGuy
Super Contributor

Re: Question about wifes income

letter of explanation an you are fine.

 

fha allows this

 

apply with confidence

 

Retired Lender
Message 3 of 3
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