Posted on: 15th Mar, 2012 12:58 pm
Hi there,
I'll try to make this short. My wife and I are hoping to buy our first home in the next year. She has been self employed for the past two years, and I have had a full-time job for the past 3 years. Her business is growing very rapidly, and I'm thinking of leaving my job to work for her full time. I'm convinced that I can very rapidly increase the company's income, and I should be able to pay myself roughly what I've been making for the past 3 years at my job. My question is whether leaving my current job to work for my wife will hurt our chances of qualifying for a mortgage (We will have at least a 15% down payment), and I don't think we would really have much of a reduction in income, if any. TIA.
I'll try to make this short. My wife and I are hoping to buy our first home in the next year. She has been self employed for the past two years, and I have had a full-time job for the past 3 years. Her business is growing very rapidly, and I'm thinking of leaving my job to work for her full time. I'm convinced that I can very rapidly increase the company's income, and I should be able to pay myself roughly what I've been making for the past 3 years at my job. My question is whether leaving my current job to work for my wife will hurt our chances of qualifying for a mortgage (We will have at least a 15% down payment), and I don't think we would really have much of a reduction in income, if any. TIA.
Hi Nesta,
Your query has been replied to in the given page:
http://www.mortgagefit.com/predeal/about54115.html#284628
Please take a look at it. I hope it will help you.
Sussane
Your query has been replied to in the given page:
http://www.mortgagefit.com/predeal/about54115.html#284628
Please take a look at it. I hope it will help you.
Sussane