Qualifying after a mat leave/low income year

FTHB

My husband and I make a healthy combined income, and haven’t had an issue qualifying for a mortgage (we are first time buyers). We were hoping to buy this year, but inventory in our desired area is very low right now. I’m not sure we will be able to buy by the end of the year. My question is this… I have been on mat leave for all of 2026, and my husband’s industry came to a grinding halt for the first 4 months of the year, so he was on EI during that time. Are we going to have trouble qualifying in 2027, considering our 2026 income was so much lower than previous years? Thanks for any advice!

Posted Aug 5, 2026, 1:34 PM UTC

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