Looking at our first home purchase. Fiance has a bankruptcy that will be discharged 2 years this March. Will we be able to include her income in a VA mortgage? I am in pretty good shape with 700 score, 80k income, 5 years at current job, and little debt other than car payment. She has a 675 score and 48k income, 6 months at current job, and no debt other than car payment. She has hand consistent employment but took a promotion recently with a different complany.
Wanted to to know if we can include her income now or will we have to wait till after 2 years since the chapter 7 discharge?
Also does this affordability calculation sound correct? 80k + 48k = 128k anual income. $1100 in monthly debt. Looking at no more thank 350k home even though we could afford up to 420k
