What can I count as income?My wife and I are looking at buying our first home. We both have high 700's to low 800's credit scores. The only debt we carry is her car, which we pay down as agreed (or more when we have some spare cash). We pay off credit cards every month, but I am afraid on a mortgage request all this will look excessive, since I understand I cannot count my GI Bill stipends as income, so we will have to use only her income, my VA disability, and my part-time job as sources of income. Is there more that is taken into consideration when we apply, or will that "official income to official expenditures" ratio kill us in the process? We have been paying $1295/mo in rent for a year, and $792/mo before that, so clearly we can manage our finances. I just don't know how to get this across to lenders (or if it will even be an issue.)Thank you,TJMay 03 2013 - Carrollton00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.