A borrower on maternity leave can be on the loan but we cannot use any qualifying income unless the employer will verify that the borrower will be receiving their FULL normal income while on leave. Any type of short term disability or reduced pay can not be used as qualifying income

 

2 Comments on Can a borrower on maternity leave qualify for a loan?

JUN
30
2011
192,409 Points 2 Featured Posts Outside Blog

Thanks, Renee.... info I needed for one of my clients I met with, yesterday.  That came up during the buyer consultation, and I believe we are on our way with obtaining the right documentation for their lender.

11:11am • #1

Glad to help Dan... isn't it funny how sometimes things just happen at the right time?  Best of luck with your client.

11:15am • #2


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Renee Gerke, GML,GRL,CRMS

Chandler, AZ

More about me…

Peoples Mortgage Company

Address: 3215 W Ray Rd, Chandler, AZ, 85226

Office Phone: (480) 231-2089

Cell Phone: (480) 231-2089

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