Posted on: 27th Jan, 2010 08:23 am
Would it affect the loan modification application that was filed while still single and then eventually the persone got married?
I am single have applied to Citibank to lower the monthly or the rate of my mortgage but is planning to get marrried soon.
The application is still in review.
Would they look into my fiance's financial status or only mine since I am the sole owner of the property?
Thank you very much.
I am single have applied to Citibank to lower the monthly or the rate of my mortgage but is planning to get marrried soon.
The application is still in review.
Would they look into my fiance's financial status or only mine since I am the sole owner of the property?
Thank you very much.
jasmine, since you are the sole owner and mortgagor here, it would make sense to me that citibank is only going to concern itself with your qualifications or lack thereof, unless you decide to bring up your fiance's involvement.
if they look at household information, it would certainly have an impact. what the result of that impact would be is impossible to guess at - perhaps unfavorable, but also perhaps favorable.
are you working with anyone to get this modification done, or are you on your own? if with someone, then pose these questions to that person/entity to see how it resonates.
if they look at household information, it would certainly have an impact. what the result of that impact would be is impossible to guess at - perhaps unfavorable, but also perhaps favorable.
are you working with anyone to get this modification done, or are you on your own? if with someone, then pose these questions to that person/entity to see how it resonates.