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Let me answer the question this way: the addition of somebody with low credit can't help a mortgage application, and may kill it. A lot depends on the mortgage being applied for (all mortgages have, as a criteria for acceptance, a range of acceptable credit scores) and how low, in fact, the spouse's credit scores are.

Talk it over with the professional handling your mortgage. If, for instance, you need to add the spouse for income reasons, you might be better off to get a different sort of mortgage.

Good luck.

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10y ago

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Can you add the spouse's name to the mortgage paperwork?

You can add your spouse to the mortgage by refinancing in both of your names. Your spouse does have to be credit-worthy. Check with your original lender to see if it can be done simply without a full fee for refinancing.


Will your spouse's credit score be affected if your individually owned property is foreclosed spouse's name is not on the deed?

Your spouse's credit score should not be affected if he/she is not on the deed or on the mortgage that was foreclosed.


What are the options for refinancing with only one spouse?

When refinancing with only one spouse, the options include applying for a new loan in the name of the spouse who has sufficient income and credit, or removing the other spouse from the current loan through a process called a loan assumption or a loan modification.


If you file chapter 7 on debts you acquired before you got married would that affect your spouse refinancing and credit if you are not on the loan?

NO, that would not effect your spouse or partner.


If you have bad credit will it affect the credit score of your spouse?

Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.


Will the surviving spouse's credit rating be affected by the repossession of the deceased spouse's car?

AnswerIf the surviving spouse was not a joint borrower on the vehicle loan the repossession affect/appear on their credit report.


Does filing a prenuptial agreement keep one spouse's bad credit from attaching to the other spouse?

A prenuptial agreement does not have any bearing on whether credit will be affected.


If mortgage note is in the name of a deceased spouse but your name is on the deed will your credit be affected if you chose to walk away from the home?

If you are only on the title, then your credit will not be affected.


If you remarry is the new spouse affected by one partners bankruptcy prior to the marriage?

Only when the new spouse is applying for credit jointly with the bankrupt partner.


Do you have to add your spouse to mortgage for refinancing if the house was bought before the marriage?

No


Is the new spouse reliable for child support in pa?

No, but if arrears exist, joint assets and credit may be affected.


How does filing for personal bankruptcy affect a former spouse's credit rating?

The only way it could possibly affect the former spouse's credit is if you are including debt in your BK that the spouse may be jointly obligated on; regardless of who was responsible for that debt in the divorce decree. It the spouse was not a co-signer on any of the debts you file BK on, then they won't be affected.