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Jeffrey, Home Buyer in Austin Addition, Round...

Va loan with non purchasing spouse.

Asked by Jeffrey, Austin Addition, Round Rock, TX Fri Aug 5, 2011

My wife cosigned on her parents loan before we were married. They pay the loan and the only tie she has to it is being on the loan so they could get approved. Since her debt is counted against me with a va loan in texas will that mortgage go against me as well on my debt to income. Is there anyway to avoid this, we have tried getting her removed from the loan to no avail.

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5
When I got my VA loan, I contacted VA Mortgage with a very similar question. After going through a similar situation once myself, I agree with the other realtors and loan officers.
Web Reference: http://www.vamortgage.com
0 votes Thank Flag Link Wed Dec 7, 2011
Get with a loan officer. The resource below is great for affordable housing options and arms you with info to answer common questions, as well as agents and loan officers who are experienced with these programs.
0 votes Thank Flag Link Sun Aug 7, 2011
Your credit IS NOT TIED into her credit scores, EXCEPT what is shared by you both

DISCLAIMER: My answer is based on your above statement only

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Fri Aug 5, 2011
I agree, John is correct. It will not be an issue. Talk with your lender or broker and have them confirm with underwriter upfront but that is only as a precaution.

Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o.512.669.5599 m.512.633.4157
listings@dongroff.com
0 votes Thank Flag Link Fri Aug 5, 2011
Agree with John,

This shouldn't be an issue.

Tom Burris
Mortgage Banker
DallasLoanGuy.com
(214) 763-4629 cell/text/nights/weekends(Really!!)
tomburris@dallasloanguy.com
Lending all across the entire Great State of Texas!!
0 votes Thank Flag Link Fri Aug 5, 2011
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