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USDA 100% Financing Loan in Texas

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Espi79

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Post Posted: Mon Apr 12, 2010 9:48 am    Post subject: USDA 100% Financing Loan in Texas
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My husband and I are in the process of purchasing our first home. My scores are great - but my husbands are not so good. The loan will be in my name only. He will be the non purchasing spouse.... I am worried that my income will not be enough to get the house we want. Is there any way that we can include my spouses income?

THanks!
~Worried and confused...

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Niicss




Joined: 03 Oct 2005

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Location: New Jersey
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Post Posted: Tue Apr 13, 2010 3:34 am    Post subject:
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You can check out if your lender can allow your spouse to be the cosigner for the loan where his income will be considered while granting you the mortgage. If your lender agrees to it, then the spouse's income will be considered for the mortgage.
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