I already have a home loan liability based on my income and am repaying it regularly. We recently decided to invest in another home, but wanted to take the loan for that based solely on my spouses income and repayment capacity. Though the loan amount required is well justified by her income level, but the bank says they need my income proof too, so as to justify the joint liability of both the loans put together. Is that avoidable?
The reason I want to avoid it is that, I am in between changing jobs hence an unemployed for now, thus can’t provide an income proof.