My husband and I are building a home down south. We were pre approved for a mortgage but we don’t close until the house is completed which will be about 4-5 months from now. During the process I got a new job with a higher base salary.
Here’s the issue: My husband is about to lose his mind at his current job. It has gotten very very stressful and a problem for his mental health. He wants to quit and find a new job. But we need both of our incomes to buy the home.
Let’s say he quit and was only out of work for 1-2 months before landing a new job. Assume he’s making the same $$ of better. Would we still be approved for the mortgage come closing time?