How can I use my Fiance's income on a mortgage loan in need using his credit.?

I own my home. The house is in my name. We enjoy been together for 6 years and have a 1 year ancient and a 4 year old. He has horrible credit and mine is doomed to failure. I want to put a large addition on our house. Is in attendance anyway we can use his income without using his credit. I have be told that we cant. But could I say he pays me rent. His paycheck is direct deposit in my hoard every two weeks.
Answers:
Back before the mortgage meltdown people used to be capable of get away with this simply by declare additional income as household income and the banks did not charge where it came from.

But since the meltdown every penny claimed on a application have to be backed up with paycheck stubs, guard statements and employee interviews.

My Wife and I recently refinanced our home and even near all of our credit scores one well over 800 we both still had to prove our income. Source(s): Finance Manager for over 9-years / Life.

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