Posted on: 04th Sep, 2010 07:16 am
i have good credit and want to purchase a home without my wife being on the loan
Hi canitraford
Even if she has a bad credit you only add her name as co-signer and not as a co-borrower so her bad credit won't hamper negatively on your loan application.
But it is always advisable that person whose name is on deed should be also included in mortgage loan.
DIPA
Even if she has a bad credit you only add her name as co-signer and not as a co-borrower so her bad credit won't hamper negatively on your loan application.
But it is always advisable that person whose name is on deed should be also included in mortgage loan.
DIPA