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Does your spouse's credit score matter when getting a mortgage?
Wiki User
∙ 16y ago
If your spouse is going to be on the loan, then yes it does matter.
Wiki User
∙ 16y ago
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If you are not the primary person on the mortgage is you credit rating affected?
As long as you are on the mortgage it will show on your credit report and effect you credit no matter if you are the primary, secondary or co-signer
Can someone who cannot verify income for the last two years rent 1600 monthand will be graduating from nursing school be able to get a mortgage Credit score around 650?
Yes! That is a good credit score. Not gold, but pretty good. Are you talking about getting a mortgage right after you graduate and get a job? Or before? The last 2 years don't matter very much....as long as you have a job that is verifiable once you apply for the mortgage. If you are still wondering, don't be scared. Grab the yellow pages and pick a mortgage place and call them up. Ask them what the qualifications are.They will be thrilled to answer your questions.
Can you move without making mortgage payments?
If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.
How many points will your credit score drop from paying your mortgage late?
No one really knows how many points your credit sore will drop in this case. There are many variable to this matter. No one really knows how many points your credit sore will drop in this case. There are many variable to this matter. No one really knows how many points your credit sore will drop in this case. There are many variable to this matter.
Why do credit scores matter?
If your credit score is low, it can affect you renting a home, getting loans, or even getting a job. usually having many credit cards, or having credit card debt, can make you have low score. xD SWAG
If you are not the primary person on the mortgage is you credit rating affected?
As long as you are on the mortgage it will show on your credit report and effect you credit no matter if you are the primary, secondary or co-signer
Where can I learn more about bad credit mortgages?
I would suggest talking to your local bank about this matter. You can also find some information online regarding this matter on zillow.com. There you will be able to find advice not only on bad credit mortgage but many different aspects of your mortgage or your bad credit. They may even be able to help you fix it.
Can someone who cannot verify income for the last two years rent 1600 monthand will be graduating from nursing school be able to get a mortgage Credit score around 650?
Yes! That is a good credit score. Not gold, but pretty good. Are you talking about getting a mortgage right after you graduate and get a job? Or before? The last 2 years don't matter very much....as long as you have a job that is verifiable once you apply for the mortgage. If you are still wondering, don't be scared. Grab the yellow pages and pick a mortgage place and call them up. Ask them what the qualifications are.They will be thrilled to answer your questions.
How should a person pay off their reverse mortgage?
There are many methods of paying off a reverse mortgage, which option used is up to the individual. The methods used to pay it off include: getting a cash advance or a lump sum, using a credit line account, getting a monthly cash advance, a combination of the previous methods, or you can even choose to use the reverse mortgage to purchase an annuity which would give an amount of cash for your life's length no matter where you choose to live.
Can you move without making mortgage payments?
If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.If you default on your mortgage the bank will take possession of the property by foreclosure, your credit will be ruined and you may be subject to additional costs. You should try discussing the matter with the lender and try to arrange a less lethal surrendering of the property.
How many points will your credit score drop from paying your mortgage late?
No one really knows how many points your credit sore will drop in this case. There are many variable to this matter. No one really knows how many points your credit sore will drop in this case. There are many variable to this matter. No one really knows how many points your credit sore will drop in this case. There are many variable to this matter.
Can someone who is 90 years old get a mortgage?
It is possible for a 90-year-old to get a mortgage, but it may be challenging due to factors such as income limitations, credit history, and ability to repay the loan. Lenders may also consider the borrower's remaining life expectancy and may require a co-signer or larger down payment.
Why do credit scores matter?
If your credit score is low, it can affect you renting a home, getting loans, or even getting a job. usually having many credit cards, or having credit card debt, can make you have low score. xD SWAG
How do i get credit history?
You can get credit history by having a credit card or line of credit. Anything that reports to the credit bureaus that you are paying each month. You can also get some credit accounts added to your credit history by becoming an authorized user on a spouses or family members account. All this doesn't matter if it isn't paid on time, so a credit history length with a good payment history will help your credit score.
How do I get a mortgage if I paid for the property in cash?
All you need to do is go to a mortgage lender (broker/bank/etc) and apply for a mortgage. It does not matter that there is not a current mortgage on the property. The ownership of the home will be listed on the title, and a Deed will have been recorded to show transfer of ownership. If you qualify for a mortgage, the lender will work with you from there! The best person to contact with regards to getting a mortgage will be an independent whole of market mortgage advisor - they will be able to get you a mortgage which will suit your needs.
Is it import to have in a reverse mortgage listed with a garage listed on the copies of the mortgage?
A mortgage encumbers the real property on which the dwelling and other structures sit. It does not matter if a garage is mentioned.A mortgage encumbers the real property on which the dwelling and other structures sit. It does not matter if a garage is mentioned.A mortgage encumbers the real property on which the dwelling and other structures sit. It does not matter if a garage is mentioned.A mortgage encumbers the real property on which the dwelling and other structures sit. It does not matter if a garage is mentioned.
Where can you get a loan to pay off outstanding debts and repair your credit?
Getting a personal loan to pay off debts is almost impossible unless you have great credit, income and just want to have one payment. You could get a signature loan in this matter. The other way to get a loan to payoff you bill is to take funds out of your mortgage. If you don't have a house with value, no good credit or great income, I have to be honest and say that getting a loan is not possible. You need to get a good understanding on how the credit system works and I recommend Phil Turner's Book titled The Credit Bible, everything you'll ever want to know about credit. I've used it myself and recommend to my friends.
