Posted on: 13th Sep, 2013 12:11 am
Is my wife justified in excluding me from the property and mortgage transaction just because of the low credit score? My credit scores was not that bad.
Hi Mcloid,
If your credit score is lower than 700 in case of conventional loans, then the lender will not allow your name to be added on the mortgage. May be that is the reason why your wife excluded you from the deal.
Take care
If your credit score is lower than 700 in case of conventional loans, then the lender will not allow your name to be added on the mortgage. May be that is the reason why your wife excluded you from the deal.
Take care
Okay so your credit score wasn't that bad perhaps, but maybe the lender in concern doesn't consider it good enough and hence didn't allow your name to be added.
What is your credit score? If your credit score is lower than 700, then you may not qualify for a mortgage loan on favorable terms.