| Re: Is a non-borrower spouse's income included in gross monthly income
I am the only signer on our mortgage, when I did the loan I qualified just fine for it plus the house we were in at the time. My husbands credit was great, we just had it set up that way - the cars and cc's were in his name. Then I lost my job.... my husband isn't on the title but he has been making the lion's share of the payment since I lost my job. Chase told me to put his income where it says co-borrower, and yes, they said we could use all household income. You will have to provide all tax statements, paystubs, W2's, and checking account statements for both of you so it is verified income.
My documents were all submitted 4 days ago so I'm just starting on this. Good luck to you! |