Credit score?
Answer:
If he has enough income to qualify on his own, then he can qualify for the best rates. If your income must be used in the application, then the rate will likely be higher.
Ask your mortgage broker what they can do. Also, check around as many brokers get a kickback if they steer you into a higher rate loan.
your rate will be decided on your husbands credit score. if you choose to be a co-borrower then most times your score will have no impact on the rate itself. if you are working, then your income can help it out but even if you are a co -borrower most lenders will simply disregard your score in lieu of the higher one. with is score he can very easily get a good rate for your mortgage
go to a mortgage broker NOT a bank and they can plop in your info esp if you have a copy of your credit report in front of you with your fico scores.they may do it for free to try to get your biz!
If you live in California I can help.let me know
Linda Munoz
Loan Consultant
First Capital Lending
lmunoz@myfclending.com
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