ok.nextwife said:Really, the value of the house is really NOT an indicator of income.
It is the MORTGAGE that he qualified for that reflects income.
Example, I alone own a house worth about $325,000, but my mortgage (and mortgage payment) is very small because I have a lot of equity. I don't need a large income to qualify for the mortgage I have. So, let's say mom, gave him a big DP, he could own the house WITHOUT having a big income to support the payment. Also, if the mortgage has a co-borrower, then the qualifying was based on a secondary income of another party.
it might be the big down payment then coz he certainly never owned a house before this, but what do I know, lol. And I doubt it was Mom. Mom has 13 children and 48+ grandkids she needs to look to, but he might be special.