OK SO HE CAN CLEAN UP HIS CREDIT BY DELETING NEGATIVES ITEMS... BUT IF I GO FOR A MORTGAGE WITHOUT HIM ON IT

LOOKING2BUY
Other/Just Looking
14450

.. .CAN I COUNT HIM AS INCOME WHEN I APPLY?? I KNOW THERE ARE PROGRAMS/GRANTS FOR SINGLE MOTHERS. I JUST WANT TO TO THE BEST THING POSSIBLE

Answers (1)
Tony Grech
Mortgage Broker
or Lender

48170
FIRST ANSWER

In order to consider the income of an applicant, lenders also must consider the credit scores and history of that applicant as well. You can't pick and choose, and a bank uses the LOWER of each applicant's credit scores when detemining qualifications,rates,etc.

Wed Jul 8 2009, 13:57

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