Posted on: 04th Aug, 2010 08:20 am
I'm married, I'm trying to qualify for an FHA loan but am worried my husbands forclosure before were were married will affect my chances. If I can qualify for a loan by myself, will his foreclosure prevent me from been approved for an FHA loan?
No his past credit should not be an issue. Do you live in a community state like California?
How long ago was the foreclosure?
How long ago was the foreclosure?
If you're not in a community state then you're able to be on the loan by yourself and you husbands foreclosure will have no affect on you purchasing a home (as long as you can qualify by yourself).