I have a 750 Fico score, with almost no credit card debt. Will lenders require me to add her on the loan? Would I qualify on my own? I understand I would only be using my income to quality.
You are to be commended for a great score. Don't see any reason why you would not be able to buy on your own. If you need some suggested Lenders give me a call
Good Morning!
In my opinion yes provided that your income is qualify for that loan and also
you have high fico score all you do is have quit claim deed. Good Luck.
Dear Clos78:
Congratulations on your fine credit sacore. Yes you should be able to purchase a home with you as the sole credit source. Check with your lender and then get preapproved for a mortgage. If you need a lending source or a realtor to help you with your purchase email me at chuckgreen@kw.com and I'd be happy to help.
Chuck
If you have the income, credit and history to solely support a mortgage, Clos, I see no reason why your spouse would have to be added to the loan. Please check with a mortgage lender, however, to get an expert's analysis. My only question would be why do you not want her on the security deed? Regardless, I wish you Good Luck!
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