jlslater

I have a related question - I was just accepted to a phd program, my husband and I currently own a home, and ideally we would like to sell it and buy something while I'm at grad school (I'm a "mature student" - so I understand the costs and challenges of home ownership, just hate the idea of pouring money into rent for 5 years if we could buy!). But with a student stipend and a husband looking for work initially, I'm not optimistic about getting approved for a mortgage. Anyone know if the stipend can be considered income? My bank didn't seem to think so, but they didn't seem to have much experience with this situation. If not, maybe we would be better off renting for the first year while my husband figures out his job situation? Any wisdom most appreciated!