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Old 08-04-2022, 02:38 PM   #62
Bill M
Pope & Young
 
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Join Date: Oct 2006
Location: Sometime Brazos, most times Colorado Co.
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Quote:
Originally Posted by Tex_Cattleman View Post
It WILL cause a debt/income ratio issue. Per Fannie Mae guidelines, to be used as acceptable stable income, it must be received for 2 years.

Love,
Trey Powers
Your TBH Mortgage Lender
Listen to this man. When my wife helps a client buy a property, she advises not to buy anything on credit until after closing. I would think your son's employer could help get past the home purchase.
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