Thank you for your service.
Since MD is not a community property state, your wife's debts will not be held against your income on your VA mortgage but she will be counted as a dependent on the VA disposable income worksheet.
Please feel free to contact me for more information or help. You can also find info on my VA Mortgage website by clicking the link below.
Senior Mortgage Banker
Peoples Bank & Trust
Just apply for your VA loan in your own name but have your wife's name on the deed with your name.
My office is in The Can Company if you want to come in and talk about your situation.
Long & Foster
If you apply just yourself, you won't have to include your wife's debt. You can buy the house on your own.
If she doesn't have income that you would want to use to qualify for your loan, then you should be OK!
I have a few lenders who could help counsel you in terms of the best route for you to take when buying a home for your family.
Please let me know how I can help you further!
Keller Williams Excellence Realty
Shane Milne | Lending in all 50 states | NMLS #81195
You can reach me via email at firstname.lastname@example.org or my cell is 443-838-0885.
You do not have to include your wife's debt when qualifying for a VA loan. I have several lenders who specialize in VA loans and I would be more than happy to provide you with those references.
Feel free to contact me.
June Piper-Brandon, ePro, CIAS, CDPE, WHC
Century 21 New Millennium