I think your husband can get the loan based on his own credit. The lender is probably just using your debt for your marital debt to income ratios - thinking your husband may need to pay that debt. Since you are working with a mortgage broker, it is best to ask your mortgage broker that question, because he has all your information and the loan approval process is like a jigsaw puzzle.
If you want to check with a very knowledgeable, experienced mortgage planner who looks at your full financial picture, I can refer a couple to you.
If the credit inquiries are for Real Estate loans they maybe more forgiving, if the credit inquiries are for
Other Credit Cards or Purchases then they will be quite interested in looking at your future
debt to Income Ratio associated with your husband.
A lot depends on who the lender is, some lenders are very tough.
The mortgage lender is concerned that you may be taking out loans at the same time your husband is applying for a mortgage. If all of a sudden you had a $500 car payment and $200 more credit card payments, it could affect things.
Whatever you do while in the process of getting a mortgage, do not make any major purchases, even with cash that your loan officer is not aware of. Sometimes the debt to income ratios are very tight and anything new can cause a decline of your loan.
Good luck to you in any case,
Isaac Real Estate Team
Champions Real Estate Services
TriStar Finance #MLO-107799
Office: 425-483-6849 Cell: 206-841-9976
Winner of Seattle Magazines 5 Star
Real Estate Agent Best in Client Satisfaction Award
Mortgage Loan Originator Best in Client Satisfaction