0
If one co-signer has an outstanding credit rating and the other a bad or moderate rating will that affect the size of mortgage they would be offered?
Wiki User
∙ 8y ago
The loan criteria will depend on the BEST CR of either signor.
When applying for a joint account regardless of the financial transaction might be, the lender will pull both credit reports and act accordingly to their established lending procedures. They do not pick the best credit history when making a decision on the lending terms. They use the 3 C's Credit capacity (the ability to pay), character (good credit history) and collateral, (the value of the property).
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
What services are offered by West Mortgage?
The West Mortgage company offers customers mortgage and financial advice. They offer various lending options to persons requiring or renewing a mortgage.
What services are offered by the Downey Mortgage company?
The services offered by the Downey Mortgage company include the creation and selling of various housing mortgages. You should contact a dedicated agent to learn more.
What are the current home mortgage rates offered by Wells Fargo?
The current home mortgage rate offered by Wells Fargo is 12%. This is subject to change according to the credit rate of the applicant. The better a credit rating the better the interest rate they will be offered.
Are suntrust mortgage rates affordable?
Suntrust mortgage rates are very affordable in light of the rates offered by many banks!
What are the advantages offered by the Chattel mortgage package?
The Chattel mortgage package offers competitive rates, which is their main advantage. They also have a range of flexible mortgage packages which may be an advantage.
How many calculators are offered on the Nationwide Mortgage Calculator site?
There are four calculators offered on the Nationwide Mortgage Calculator site. The calculators offered are the Rent vs. Buy calculator, a mortgage refinance calculator, a fixed mortgage calculator, and adjustable mortgage calculator.
What is the current home mortgage rate offered by the Bank of Scotland online?
Home mortgage rates change often. The current mortgage rate offered by Bank of Scotland is 18%. They also provide ways of bringing down your mortgage rate with a refinancing.
What services are offered by West Mortgage?
The West Mortgage company offers customers mortgage and financial advice. They offer various lending options to persons requiring or renewing a mortgage.
What services are offered by the Downey Mortgage company?
The services offered by the Downey Mortgage company include the creation and selling of various housing mortgages. You should contact a dedicated agent to learn more.
What are the current home mortgage rates offered by Wells Fargo?
The current home mortgage rate offered by Wells Fargo is 12%. This is subject to change according to the credit rate of the applicant. The better a credit rating the better the interest rate they will be offered.
Are suntrust mortgage rates affordable?
Suntrust mortgage rates are very affordable in light of the rates offered by many banks!
What services are offered at Gundaker?
Some of the services offered at Gundaker include same day mortgage loan decision, one on one consulting with your loan advisor, relocation services, and mortgage calculators online.
What are the advantages offered by the Chattel mortgage package?
The Chattel mortgage package offers competitive rates, which is their main advantage. They also have a range of flexible mortgage packages which may be an advantage.
What kind of mortgages are offered by Central Mortgage?
The mortgages offered by Central Mortgage include the following: 30 years fixed, 15 years fixed, and 5/1 ARM which are low initial rates that can increase.
What is currently the lowest mortgage rate offered?
Currently the lowest interest rate offered on a 30-year fixed rate mortgage is 3.75 percent. Interest rates are historically low at the moment due to the economic downturn.
What is a fast easy to use home mortgage calculator offered online?
This mortgage calculator is great and easy to use also: www.mortgage-calc.com/
What kind of services are offered by Wamu mortgage?
Washington Mutual (WAMU) offers mortgage services and investment services. They focus on mortgage services and offer 6 different types of mortgages to choose from.
