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When 2 single people want to build a house together do both have to qualify separately for the full value of the loan?
Wiki User
∙ 16y ago
If the loan will be in both names, generally the lenders look at the two individuals as one "person." However, there are certain situations, such as a person who has a lot of other debt, poor payment history, etc, where they may require the second person to qualify individually.
Wiki User
∙ 16y ago
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