<prompt> Human: Im at the point now where Im looking to secure a mortgage for a first home purchase, the details are below:My wife has just been accepted into a medical residency and we are moving to the new city. She has no prior employment history since she was in school but has an acceptance letter from the hospital and start date.I work remotely and have employment history.After all expenses, we will have 5200mo to spend on a mortgage payment but would prefer to spend about half that and save the rest.We have zero debt.Question 1 Will a lender accept her letter in lieu of W2s?Im worried that having only my name on the loan will decrease the amount that we are allowed to borrow since they wouldnt be taking her future income into consideration.Based on the areas, the type of homes we are looking at are in the 300-400k rangeQuestion 2 Because of her situation, would we be able to waive or reduce the amount of the downpayment?Please chime in if Im leaving out other important info...thanks!  <response>: For the 1st question I would just talk to the mortgage agent. As long as she can prove permanent employment and what she will be making it should be fine.Im not really sure what you mean by waive the down payment. The down payment is not a fee or a charge it is equity you are putting directly into the house. You can put as much or as little into it as you want and that the bank will allow just realize that under 20 you will be paying PMI which is not optional. 