Posted on: 29th Jul, 2013 02:01 am
My fiancée and myself want to buy a home. But he has no credit but great income. On the other hand, I have a good credit but have been working for only 6 months. Can anyone of us or both of us get a mortgage?
Hi Celt,
None of you will be able to get a mortgage alone. Both of you will have to apply for mortgage and one of you will have to be the co-signer for the other.
Thanks,
Jerry
None of you will be able to get a mortgage alone. Both of you will have to apply for mortgage and one of you will have to be the co-signer for the other.
Thanks,
Jerry
Hi Celt!
Welcome to the forums!
I agree with what Jerry has said. However, if your partner wants to get a mortgage solely in his name, then he will have to take steps to improve his credit situation.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
I agree with what Jerry has said. However, if your partner wants to get a mortgage solely in his name, then he will have to take steps to improve his credit situation.
Feel free to ask if you've further queries.
Sussane