Thank you for explaining with such detail. while it is great news that your wife makes good income, she would need to be on the loan for that income to count. As you describe she has a recent foreclosure recorded in 2017, so at this time she cannot go on your FHA loan. Since Wisconsin is a community property state heard that will always count against your debt to income ratio. I am Mike Gracz from the Gustan Cho Associates. Please contact me on 630-659-7644 or send me an email at email@example.com, feel free to contact me to discuss this situation in more detail. You may be able to qualify for a NON-QM Loan. Please see What Are NON-QM Loans. Other community property states include Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. You may also opt-in in Alaska.