Can I ask my son SSI Fine “as part of my income when applying for a mortgage?
Application process for a mortgage and I asked my step-son who is a part of my income on SSI benefits. I am not their legal guardian, but their contributions go to the joint account I share with my mother. We file a joint income tax return every year. Lenders consider the SSI portion of my income? Without him, my background debt / income ratio is over 41%, which is the maximum VA loan. Does anyone have insight from professionals on how it works? Does anyone know from personal experience, or are you just speculating?