Home Buying in Las Vegas>Question Details

chase.rhoads, Home Buyer in Las Vegas, NV

Will my spouse's collections prior to the start of our marriage (2 yrs ago) be used in DTI ratio?

Asked by chase.rhoads, Las Vegas, NV Fri Apr 5, 2013

*Reside in community property state (NV)
*VA loan app
*My score 660 without blemishes
*Spouse score 510 with major collections (all before marriage, none during)

If spouse's credit is reason for a denial, will a post-nuptial agreement suffice separating the home without her name on it? Does this apply in Nevada?



Help the community by answering this question:


Can you qualify without the spouse?
0 votes Thank Flag Link Mon Jun 17, 2013

A credit report for the non-purchasing spouse is required to determine any joint or individual
debts. Any ACTIVE debt that is not in your name must be considered in your debt-to-income ratio and residual. Collections are not considered active debt.

Also, the Credit history of the non-purchasing spouse should not be the basis for declining the loan and the FICO score for the non-purchasing spouse is not considered either.

Based on the information you have provided, from a spousal credit standpoint you should be fine.

I do a lot of VA loans and I am located here in Nevada so am well versed in the area.

Feel free to contact me directly at 702-800-5077 and we can get you pre-approved.

Rey Gallegos (NMLS ID 557038)
Loan Officer | Retail Sales Branch Manager
W.J. Bradley Mortgage Capital LLC (NV License # 504)
2200 Paseo Verde Pkwy. Ste. 100
Henderson, NV 89052

702.808.8328 Direct
702.446.6591 Fax
702.800.5077 Office
0 votes Thank Flag Link Fri Apr 5, 2013
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