General Question

surlygirl's avatar

financial profile: single vs. married

Asked by surlygirl (363points) February 15th, 2008

does your financial profile look better to lenders if you submit applications as a single person with good credit and a moderate income or is your profile better submitted as a couple with a higher income even though one person has bad credit?

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3 Answers

sndfreQ's avatar

If you’re married then it doesn’t matter-both of your credit scores are factored together (at least in CA). In a recent mortgage re-fi, I experienced the same issue-my wife who doesn’t have an income, had her score factored in with mine in the process. Thankfully we both have great credit.

sndfreQ (11739points)“Great Answer” (0points) Flag as…
gooch's avatar

it depends where you live

gooch (5749points)“Great Answer” (0points) Flag as…
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