Home Buying in Norcross>Question Details

Sdf, Home Buyer in Snellville, GA

Married but wants to purchase home in my name only...can anyone help?

Asked by Sdf, Snellville, GA Fri Jul 29, 2011

My median score was lower than 660 but I would love to find a broker or mortgage company that is willing to work with me to help me raise my score and purchase a home for my children and I without my husband's name on the mortgage.... Can anyone point me in the right direction?

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As others have mentioned below, the home buying process in Georgia allows for only one spouse to be on the note. Every agent has, or should have, a great loan officer they work with. Its a two way street when it comes to that relationship we need them and truth is they need us. With that said it is important to take care of getting your pre-qual sorted and bully to you for addressing this first. When you find that home you like you are prepared to make an offer that day. In this market the good ones go fast and the cheep ones faster. There has been a large increase in investor activity in the past 6 months that keep the action going. My advice is to work with a local loan officer and not a broker, internet lender or out of state company. It will make the process easier in the long run and you will have a face to go to and not just someone on the other line. Best of luck!
Web Reference: http://hesshomefinder.com
0 votes Thank Flag Link Fri Jul 29, 2011
I have a great lender that I can refer you to that actually does mortgages as well as in house loan counseling (not these credit repair scams). He has helped many clients raise their score in a few months. In addition, you don't have to purchase with your husband's name in GA. If your income and credit is enough to qualify for the loan then you can have the loan and the deed to the house put in just your name. If I can help you find a home, or direct you to the lender I'm referencing, please don't hesitate to call or email. Thanks & Good Luck!

Melissa Stephens
The Stephens & Stephens Group
Better Homes and Gardens Real Estate Metro Brokers
404-843-2500 Office
678-776-1895 Cell
800-383-0430 Fax
http://www.StephensandStephens.net - Website

Comment on our blog: http://www.TheScoopinRealEstate.com
0 votes Thank Flag Link Fri Jul 29, 2011
Since GA is not a community property state, your husband would not have to be associated with the mortgage. The industry standards for a minimum credit score on FHA is 640+. Prospect Mortgage is one of the few lenders who offers FHA financing to borrowers in the 580-639 FICO range.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia

Conventional | FHA | FHA 203K Renovation (Streamline & Consultant) | HomePath® |
HomePath® Renovation | VA | USDA | GA Dream
Web Reference: http://www.rodneymason.com
0 votes Thank Flag Link Fri Jul 29, 2011
SDF,

That is an easy problem to solve if you have documented income.

I am here in Alpharetta and will be happy to meet with you to review your situation in detail. Feel free to call me 678 467-9959 or email me if I can be of assistance.

Timothy Brown | Senior Loan Officer
Academy Residential Mortgage, Inc.| tbrown@academyresidential.com
11380 Southbridge Pkwy, Suite 200 | Alpharetta, GA 30022
678.468.5626 x110 | fax 678.935.1156 | cell 678.467.9959
0 votes Thank Flag Link Fri Jul 29, 2011
I have been doing mortgages for over 25 years and would love to work with you to help you get your score up. You only need a score at 640 and above to a good mortgage in your own name. Assuming you qualify on income and debt ratios that are in your name you most certainly can buy in your name alone even though you are married. Feel free to call or write anytime.

Lori Beardslee, Branch Manager
Silverton Mortgage Specialsts Inc.
Woodstock GA
(770) 527-1375
lbeardslee@loriandlori.com
0 votes Thank Flag Link Fri Jul 29, 2011
I have a great loan officer that can help you out.. When did you want to start the process?
0 votes Thank Flag Link Fri Jul 29, 2011
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