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Can you get a home loan if you have a bad credit score but your husband has great credit?
Wiki User
∙ 17y ago
Yes! You can! However, you may want to consider simply having it all done in your husbands name to receive better rates. This would not exclude you from having interest in the property, however. You would simply be able to obtain a better loan at a better rate.
Wiki User
∙ 17y ago
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How is a home equity line of credit determined?
The Loan to Value LTV. [ Total loan amount of the 1st and your proposed 2nd as a percentage of the appraised value ]. Your credit score is the most importaint depending if you are Full documentation or Stated income. 720 and above would be great middle credit score. If your credit score is below this you can still do it but your rate will be higher unless you have a great amount of value in your home. Less than 75% LTV would be great to offset a lower credit score. Credit. Loan to Value.
What is the average credit score needed for a home loan?
The average credit score need to purchase a home is 620.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
If you have a median score of 691 and a first time home buyer can you get a loan?
as far as your credit score goes, than answer is a resounding YES, that is a great credit score. Of course there are other factors such as your income, your work history, what kind of credit you currently have, what type of financing are you looking for, etc.
If you have a credit score of 604 can you buy a home with this score?
Each mortgage company or bank will have their own requirements. In addition to a credit score, there are other factors such as income. A credit score of 604 may be high enough to get a home with a high interest rate.
How is a home equity line of credit determined?
The Loan to Value LTV. [ Total loan amount of the 1st and your proposed 2nd as a percentage of the appraised value ]. Your credit score is the most importaint depending if you are Full documentation or Stated income. 720 and above would be great middle credit score. If your credit score is below this you can still do it but your rate will be higher unless you have a great amount of value in your home. Less than 75% LTV would be great to offset a lower credit score. Credit. Loan to Value.
What should I do if I'm trying to get a home loan and my husband and I have bad credit?
Those with bad credit should try their hardest not to rely on ccredit and debit to move into a home. Cash works for anyone, despite their credit score.
What is the average credit score needed for a home loan?
The average credit score need to purchase a home is 620.
Is 650 a bad credit score?
The credit score 650 is really not that bad. With a 650 credit score you can finance a home or car.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
If you have a median score of 691 and a first time home buyer can you get a loan?
as far as your credit score goes, than answer is a resounding YES, that is a great credit score. Of course there are other factors such as your income, your work history, what kind of credit you currently have, what type of financing are you looking for, etc.
What should my credit score be to get a home loan?
The higher the credit score you have, the better chance of being approved for a home loan. You may still get a home loan on a lower score, but the payments and interest will be higher.
If you have a credit score of 604 can you buy a home with this score?
Each mortgage company or bank will have their own requirements. In addition to a credit score, there are other factors such as income. A credit score of 604 may be high enough to get a home with a high interest rate.
Is credit score 606 good?
A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.
Can I get credit from Home Depot?
Yes home depot does have a credit card for its company but it does depend on your credit score and your credit history on if you can get the credit card
Can you get a Home Depot credit card with a credit score of 660?
yes
Does home depot give out credit?
Yes home depot does have a credit card. But it does depend how your credit score and your credit history on if you can actuallly get a home depot credit card
