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#2259614 - 09/13/21 02:03 PM Compliance Office
Anonymous
Unregistered

For Reg B purposes, when one spouse is applying for a mortgage and we are requesting tax returns that are joint, can we do this? We will not be taking into account any of the other spouses income as the first spouse qualifies on their own.

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#2259616 - 09/13/21 02:32 PM Re: Compliance Office Anonymous
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 76,990
Galveston, TX
Assuming you are in a non-community property State, I am not sure you have any choice if you request tax returns and they filed jointly. I am not sure a joint tax return will tell you who earned what though without supporting information, like W-2s..
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#2259619 - 09/13/21 03:33 PM Re: Compliance Office rlcarey
Anonymous
Unregistered

We do have the spouse that qualifies, W-2s.

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