Can a mortgage be obtain beside one credit win and two incomes?
Answers:
The person with the apt credit score could go "stated income" or "no doc" which medium that person would not have to prove income. There are also frozen money programs available as well. Check out the free situation evaluation form at:
www.totaldebtsolutionsllc.com
If you want them to consider both incomes, they'll consider both credit score.
However if the person with stronger credit also make more money, you might be able to balance out the discouraging credit.
Unless you want to be considered for the mortgage using the TWO incomes? NO
You'll need to use the TWO Credit backgrounds
If you are saying that the other being has no credit file but will be on the loan, than FHA may adopt your loan request depending on how strong the primary borrower is.
If the other person will not be on the loan, than that person's income is not considered in the approval.
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