Posted on: 21st Jul, 2009 11:36 pm
we pre-qualified for the loan already on my husbands salary alone, however my parents will be living with us and I wanted to know if it would be better for us in any way to have my dad as an occupying co-borrower. His credit is better than my husband's credit since he is much older, but he doesn't make as much as my husband does.
if the loan will be granted simply based on your husband's qualifications, then why muddy the waters with your dad? there would seem to be no real purpose to it.
there is no ponit in repeating the process