The only thing that you both need to have in order to qualify is your credit scores. credit socres don't add up, so each one of you have to have at least 620 as your mid score.
Everything else gets added up and counted against the loan amount you're getting.
Faith Home Loans
To add to Amy's answer, that does not mean you are each only liable for 50% of the loan - you are BOTH responsible for 100% of the loan amount.
Best of luck,
Broker / Owner & Certified HAFA Specialist
Thom Colby Properties
Newport Beach, CA
Moving Lives Forward (TM)
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