Is it possible to add my husband on a contract to get a house after starting the process? He makes more money.

I have been preapproved for a home loan but the rates are high on me because of my income. Can I add my husband as a co-buyer and use his income also. He already has 2 homes in his name. One in which he is trying to sell. Is it possible that I can use him on my loan?

Answer:
Yes, you can. However, if it is not going to be your primary residence the rate will be high even with him on the loan. Loans for second homes and investment homes always have a higher rate than for your primary home.
Absolutely yes!
i would talk it over with your husband, and loan officer.if your husband has verifiable income,and has equity in 2 homes in his name,as neophyte on banking,i would think the banker would be pleased, and hopefully a lower rate,both fixed, and variable for you.
yes you can
Sometimes it's smarter to keep your husband off the loan. Worst case scenario: you can't pay the mortgage and only your credit gets damage. I hope this never happens, but if it did your husband could still buy another house assuming his credit qualified.

If you're preapproved for a home loan, then I would recommend you be the only borrower on the loan. This way you're husband is protected if the worst case scenario happens.

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