Home Buying in Willingboro>Question Details

Kim, Renter in Willingboro, NJ

I have credit issues caused by my ex . My divorce decree says he is responsible for the negative accts. Is that enough for an approval?

Asked by Kim, Willingboro, NJ Wed Jun 26, 2013

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Kim,

No sorry it is not. If you are still listed as a co-signer on a joint account with your ex and he is marked late, so are you.

If you are an "authorized user", simply call the creditor to remove your name.

If he continues to pay late affecting your credit, seek legal counsel for options.
0 votes Thank Flag Link Sun Oct 27, 2013
You can contact my lender of choice.
Kevin Odonnell
Front Gate Mortgage
(856) 401-9090




Thanks,
Samuel Rifkin
609-315-9119
The Rifkin Team
Keller Williams Realty
0 votes Thank Flag Link Tue Jul 2, 2013
Could be. It certainly could be presented as an argument to show that you are not responsible for the debt. That will reduce your debt to income ratio. Only a qualified mortgage rep can help you figure it out. Message me for a few names I'd be happy to refer to you.
Web Reference: http://www.dianeglander.com
0 votes Thank Flag Link Mon Jul 1, 2013
The answer is It Depends. Your credit score will definately be impacted by the negative accounts. This is one situation where I would recommend you seek out a good mortgage broker instead of going directly to the bank.
0 votes Thank Flag Link Wed Jun 26, 2013
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