Is there anyway I can be a single borrower but use my wife's income?

No.. if you wish to use her income, you have to use her credit and she has to sign and be on the loan. Also, depending on which loan product you go with, you might have to have her individual debt added to your debt for qualifying purposes.. Because CA is a community property state, FHA requires that the "non-borrowing" spouses debt be considered in the borrowers ratios to determine his maximum debt to income ratios. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

You can only use the income of the individuals that are on the loan. If you want to use your wife's income, she must be on the loan. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Unfortunately no. She would have to be a co-borrower in order to use her income for approval purposes. The lender will use the lowest middle score to determine eligibility also. Hope this helps

No, the only way to qualify using your wife's income is if she is a co-borrower on the loan.

Unfortunately no, she would have to be on the note and mortgage as well as you.

Very difficult, without the use of an entity such as an LLC. Most conventional lenders will not accept an LLC as a borrower.

Hi Ryan! This is not a possibility, but if you would like to have your scenario reviewed, I'd be happy to take the time to go over things with you and we can possibly help you get a plan to obtain financing in the near future! I look forward to hearing from you soon!

The one thing I would add: though you will not qualify with other income when they are not a co-borrower, you could consider reservesyou might have with both your names on the account as income. There is a formula from two different kinds of loans available with usdepending on the loan chosen for your purposes, that use reserves counted as income.

I did think of one other possibility to aid you in your efforts. We do allow higher debt to income ratios than most banks would, witha number of our borrowers. The good thing for the borrower who knows income is coming in from a spouse, or sometimes a renterof a room or two, they can qualify to purchase a little more house than they would have otherwise.

NO. If you want to use your wife's income she MUST be on the loan. NO BANK WILL GIVE YOU CREDIT FOR INCOME THAT IS NOT YOURS.

No Way JOSE. :)

if you use her income, you must also use her credit.

No, the only way to use her income was if she was also on the loan application.

As the other say Ryan. No go. She would need to fully credit qualify to use her income on the loan.

Why don't your wife to be on the loan? Does she not want to be on it? If her income is necessary for loan qualification, about the only reason she shouldn't be on it is if her FICO score is lower than yours, and could, thereby; cause a much higher interest rate and/or loan costs. If this isn't the case, it would be beneficial for her to be on the loan unless there are some extenuating circumstances that preclude this possibility. Give me a call 16/7, or email me your phone number so I can call you, and I'll be happy to discuss this issue with you. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. Representing 40+ quality lenders that offer more than 1,000 loan programs, we definitely have something for everybody.

No..

Unfortunately, the only income that can be used is that of a borrower on the mortgage.