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News In Brief

If you want the house, pop out the kid and get back to work

Melissa Kaplan Jul 20, 2010

It’s hard enough preparing for parenthood and trying to get a mortgage going; if you’re trying to do both at the same time, these days it’s never been harder. The New York Times reports mortgage lenders are giving less leeway to expectant parents or those who want to take maternity leave, as it can potentially disrupt the flow of income. Any leave of absence will set off a red flag to potential lenders.

Guess they stopped the practice of using your first born as leverage.

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