Portal Forum General General Discussion Home Ownership Reply To: Home Ownership

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fishingmnfishingmn
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@ScoobyDoo wrote:

They don’t give loans on potential future earnings. The loan industry tightened up after the ’08 debacle.

Correct. You need to have income to qualify and there are guidelines/ratios based on your income and other debts that will determine how much you qualify for.

Think you said spouse was teacher so it’s maybe possible to qualify for a loan on that income.