Getting so Frustrated! i want to cry.

[BunNtheOven]

So, I put an offer into for this house for 65k... And I put in a monthly income of about 3500 income Child Support, my full-time job and my second part-time job. I have 7k to put down and i qualify for a 4500 dollar grant to also put down. I also have great credit (720).

Today, I get a phone call from a man who takes the information to get you approved for a mortgage. Tells me that I CANT use my second job as income(500 every two weeks) because I haven't been there for two years and WONT use my child support (also 500 every 2 weeks) because it's not court mandated but voluntary(trust me, he can pay it- he makes about 5k a month). WTF!!

My first job, I've been there for 2 years, and I get paid about 700 every two weeks. That's the ONLY income that counts which significantly hurts me because I have a 334 a month car payment for two more years.

and because of this there are saying that I may not qualify for a loan?!
This makes no sense!!!


The reason I'm getting a home is because my home (under his name, not mine and were not married) is about to go in foreclosure (it was a 1500 dollar a month mortgage, ridiclous!) so i can't have his name on it or they won't approve it with his credit.

their saying i need a co-signer, I have no one. The funny thing is, if this don't through, we have a back up plan on a house that is 1000k a month.. but i can't get a mortgage that's 500 a month?!!?!??!


I'm just loosing it.

 

[frankyzw]

Hang in there, hope things work out well for you.

 

[Ceejay123]

Sorry I've no advice, but good luck. x

 

[younglove]

You could try a mortgage broker instead of a bank. From what I've heard, brokers work for you instead of the lendor and have access to a greater number of mortgage products at many different financial institutions.

 

[BunNtheOven]

I actually went to my local bank! I know him personally and told him my situation.I go there monday to fill out some paperwork but they are going to include my second job! Yay! The bad thing is this house I want is about go up in auction(or foreclosure) on the 24th of this month. I really hope the bank approves my offer! I checked my credit score (transunion) yesterday and its 734! This could just happen for me monday! I have been so stressed the past few months.