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My daughter was pre-approved for a mortgage. The closing date was scheduled for August 8th and my daughter had to be induced for pre-eclampsia and her daughter was born July 31st. She did not get the mortgage because she only receives about a quarter of her income while on maternity leave. Is there anything she can do?
ANSWER
Expert Linda Burroughs's Answer:
This is unfortunate and there is not much flexibility with the mortgage lenders. She will have to have enough income to meet her obligations before the mortgage will be approved.
