Refinance Loans Bad Credit
will my bad credit affect my hubby’s good credit when he tries to refinance his mortage?
I have bad credit, My hubby has great credit. He is looking to refinance a home he purchased before he got married to me and wants us to apply for a refinance loan together, I’m scared that this will affect his chances of getting a good rate. Also, he purchased a car and since we married I have been responsible for paying the payment. It’s been a whole year and the payment has always been on time, but again the loan is only under his name. Is it possible to add my name to the loan with out affecting or changeing the interest rate in order to build my credit? I have paid for everything on my credit report except for 4 accounts. This includes 1 hospital bill, 1 phone , 1 power and 1 rent month. total equals about 1,600 dollars. is there hope? any ideas or links?
Just do it in his name – You can be on the title, but do the mortgage in only his name