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Thomas J Mele
  • Investor
  • Fairfield County, CT
29
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48
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Mortgage loans for travel nurses?

Thomas J Mele
  • Investor
  • Fairfield County, CT
Posted May 28 2021, 12:21

My fiancé is a travel nurse and makes a very good income. We’ve recently started shopping lenders for the purchase our first home after we tie the knot this coming September. The problem is that the banks and other brokers only go off of her w2 income which only comes out to around 40k a year. Her weekly take home includes travel expenses, per diem and even meal money. These amounts are way more than what she needs to live off of but it is how hospitals recruit very high end nurses to leave their home state and move to a new area. She’s spoken to other travel nurses in the same field and they all have the same issues when shopping for real estate. They all say we need to find a lender who is familiar with the travel nurse world and there will be zero issues, the problem is we have had zero luck thus far.

Thoughts?

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