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Qualifying for loan while wife is on maternity leave from work?

Posted on: 27th Jan, 2011 11:49 pm
Wife is currently on maternity leave. How can we still qualify for a loan if she is currently on disability pay (her job is guaranteed and will return to work in 3 months)? will parents co-signing help with the amount we can qualify for?
Posted on: 27th Jan, 2011 11:59 pm
You can apply for the loan and process the loan and be ready to close.

Most lenders require that she receive first pay check after back on the job as a way of confirming that she is, in fact, going back to work.
Posted on: 28th Jan, 2011 05:43 am
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