When was a wife’s income 1st used commonly to determine maximum mortgage loan amount eligibility for a couple?

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I need to know the year that a wife’s income was first generally used to determine mortgage loan amt. eligibility for a class project and have not been able to find it. Any longtime mortgage brokers out there? Thanks

  1. Reply
    Ed Atun
    January 23, 2011 at 3:33 pm

    . In 1967 the states were finished putting deeds in both spouses names. Previously, a deed would appear only in the husband’s name. Since no mortgage company expected the wife to earn much money, everything was done in the husband’s name.
    The process started in the 1950’s and was in place by the mid 1960’s.

  2. Reply
    January 23, 2011 at 3:55 pm


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