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Mortgage question

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betty
My boys

Member since 5/05

4380 total posts

Name:
Beth

Mortgage question

I know they ask for W2s and stuff when applying for a mortgage. I haven't really worked FT in a few years (student teaching, subbing and now only working pt due to DS). I want my name to be on the deed too so will that hurt usChat Icon

Posted 1/10/07 1:08 PM
 
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SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Mortgage question

It shouldn't hurt you as long as your husband makes enough to support your mortgage payments. Also if you have great credit, that helps a lot.

Posted 1/10/07 1:11 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Mortgage question

your name can be on the deed and not on the Mortgage

Posted 1/10/07 1:13 PM
 

TheLorax
LOVE

Member since 2/06

5581 total posts

Name:
Suzanne / SuzBride

Re: Mortgage question

Even if you are not on the mortgage, you can still be on the deed. DH is not on our mortgage (he has a crappy credit score), but he will be on the title/deed.

If your DH makes enough to cover the mortgage, then you not working full tme will not affect the rate. If you have a high credit score that will help your rate. If DH does not make enough, you can do a no-doc mortgage (bank doesn't see pay stub, tax docs, etc), but then your rate will go up.

Good luck!

Posted 1/10/07 1:13 PM
 

betty
My boys

Member since 5/05

4380 total posts

Name:
Beth

Re: Mortgage question

He does make enough to cover it and I have very good credit (we both do).

Posted 1/10/07 1:25 PM
 

bikramaddict
mommy-to-be

Member since 8/06

4376 total posts

Name:

Re: Mortgage question

my DH is not on the mortgage - he's credit is awful and he works off the books.

Posted 1/10/07 3:54 PM
 
 

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