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Single application for loan

Posted on: 24th Apr, 2013 12:37 am
Our mortgage loan officer told us that I will qualify for the mortgage, and she will not. Are there any pros and cons to single application when married? Will this effect the mortgage interest tax deductions?
Hi Guest,

There are hardly any pros or cons to apply and get a mortgage alone after your are married. If you are filing your taxes alone, then you will be able to claim the tax deductions only.

Thanks
Posted on: 24th Apr, 2013 02:08 am
There might be some reasons behind your wife not getting qualified for the loan. You need to find the exact reason for that and need to work on that.
Posted on: 24th Apr, 2013 06:07 am
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