I read somewhere that if you're married and 1 person has excellent credit while the other is so-so, you can

Kristina
Home Buyer
Chicago, IL

take the mortgage out under the person with the excellent credit score and add the spouse's income as additional income in order to qualify for a larger loan. Does the same rule apply if you're unmarried and buying a home?

Answers (1)
Tim Ambrose
Agent
Pleasanton, CA
FIRST ANSWER

Hi Kristina,

In my experience I have found that the lender will take the middle score of the person with the best credit scores. It's the same if married or not.

Mon Mar 30 2009, 19:18

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 3,545
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback