I knew mortgage underwriting requirements over the past couple of years have gotten much tighter, but I didn’t realize they’d gotten this tight:
Seeking A Mortgage? Don’t Get Pregnant
Back in the slapdash days of easy credit, lenders were more likely to overlook the fact that a parent was out on maternity or paternity leave. But now that lenders have become more conservative, they are requiring new parents to jump through more hoops to prove their income will be enough to cover the mortgage.
