 Pay final rent or just move out? |
| We are in the final stages of a house being built, and we should close in the next few weeks. It is the beginning of July and we are contemplating just putting our stuff in storage, moving in with a ... |
|
 Landlord Neglects? |
| I live in the state of Illinois, Everthing runs of electric. Now if my landlord have some electric work done and left us, me without electric for 4 days, and I had to go to hotel is she require to ... |
|
 Where can I find the previous owners names and info of a house? |
The address is 10114 Kirkdale Houston, TX Zip: 77089
So far, all I could find is that the home was built in 1967. Any helpful sites? Preferably sites that don't require a fee.... |
|
 Where to look for homes for sale no realtor? |
| want to see homes for sale in northern ky area.woild like to see homes for sale in 150.0000 ... |
|
 My landlord has told us to leave... what are my rights? |
| Me & my partner were horrified to return back from our holiday last nite to find that our landlord had been in our house without our permission while we were away. He told us last week that the ... |
|
 My tentent asked if she could stay until after the holidays and not pay full rent because she can't afford it? |
| I am renting a house out for $1400 to a couple. They had a 12 month lease that ended October 1st and then the lease turned month to month. The lease also says I need 90 days notice before they decide ... |
|
 Is it typical for a lender to charge a PMI on a VA loan? |
| I live in Las Vegas, NV and am purchasing a home. I want to go VA, because I don't want to put anything down. However, my current lender-to-be is including mortgage insurance. I was told that ... |
|
 How do I get my security deposit back from my landlord? |
I was renting a backroom of a house.
When I moved in a contract was never signed because my landlord (my landlord does not own the house, she rents it) never thought it was necessary.
T... |
|
 Buying our 1st home? |
| Me & My husband have pretty good credit and are looking to buy a home within the next 6 months. We will have money to put down, but what are the first steps that we should take, in buying a new ... |
|
 Plan on moving to another state...find job or house first? |
| My husband and I plan on moving out of New Jersey within the next 3 years. This is something we've decided on for quite some time now...we're just waiting for my schooling to be done. Even ... |
|
 I am a buyer and would like to switch my agent on a property purchase? |
| I was in the process of buying a property and our offer expired. I was not very happy with my agent's performance on this offer due to numerous reasons. I never signed a contract with the agent ... |
|
 Our apt. complex is trying to evict us. We are trying to pay the rent left. Can they still evict us if we pay? |
Today 01/26 we were given a 3-days-notice from our complex.
Our backrent due is 1,800 [I know. It's not my fault. My mother in law didn't pay her share.] Anyway. We will be ... |
|
 What does it mean to say that a house has "good bones"? And how do you determine that it does? |
| I'm looking to buy a cheap fixer-upper house in the Cleveland or Columbus Ohio area. In my price range, many of the properties are listed as being sold "as is" or "no disclosures&... |
|
 Can one buy a house for under 100 thousand dollars? |
| please let me know state areas and sq ft if anything at ... |
|
| Do realtors show houses on Sundays normally? |
| We would like to have a house shown to us, but I don't want to be rude and call them on Sunday if it's not polite. What is house-searcher etiquette? Also, I live in South Dakota, does ... |
|
|  |
LifeLove | Mortgage ? |
Can I cosign on a mortgage when I have no credit? As in no bad credit, no good credit?
Additional Details
I would be cosigner. Hubby is the major bread winner.
I have never had a credit card, but have paid my car insurance on time always, etc. |
 |
 
TheMom
|
You can't sign for a spouse in most states anyway. If you live in a community property state his debt is your debt regardless.
But, for your question, no, you have to have good enough credit to qualify for the loan yourself in order to co-sign for another person. |
|
stepthrough
|
The odd thing about credit is that if you don't have debts you may be regarded as a worse risk than if you have a history of them, If you have debts and a good record of making the due payments on them, you show yourself to be unafraid of commiting to borrowing and to have a responsible attitude towards repayment. If you have no debts there is nothing on which to assess your reliability. |
|
bambhu
|
During the better days of the mortage industry, you can. There is this thing called 'Alternative Credit'. You profivide the financial institution up to 4 alternative ways/means to know if you pay on time and they will have to send this information to the credit bureau and you will get a credit score.
Examples of these are buying jewelry, paying your mechanic, cellphone bills, electricity.....etc...
Today, they have either abolished that guideline or have toned down a bit. Its better to start off with a department store credit card to build up your credit. Buy one thing, then pay it off 10-15 days before the bill arrives.
You can be on the title though, if you're married, or a domestic partner. You won't be financially obligated, but you are still part owner of the property. |
|
bobb
|
cosign without any form of credit is like having bad credit on a mortgage |
|
lepr0kan
|
On a mortgage the lender goes bases everything off the lower credit score of both borrowers, so if you cosigned on the loan and your score was lower, they'd use yours. This doesn't matter that your husband is the breadwinner. Now if you don't have a credit score at all, than you can be on the loan because they would would have to solely base the loan upon your husband's credit anyway. It would probably be best to leave you off the loan entirely to get the best deal. If it's a purchase you'll still be able to sign the Warranty Deed as a buyer, you just wouldn't be on the loan. |
|
totalbeyotch
 |
No credit is kinda like bad credit, your score is low. |
|
Dale H
 |
If you have no scores, you need a mortgage program that will allow the co-borrower to have no scores. Then the program may have a requirement for alternative credit lines (car insurance, utilities, rental history, etc.). However if you are the co-borrower and the borrower has an acceptable credit history, the alternative credit requirements may not be as strict. No credit is better than bad credit. If you would like to have me evaluate your personal situation feel free to contact me directly. |
|
src50
 |
Do you mean you're the borrower or the co-signing party? |
|
Angie
|
Whether or not you are an acceptable co-signer would depend on the lender's specifications. They will determine that.
However, a word of caution on co-signing. Do you understand that as co-signer you 100% responsible for repayment of the mortgage? If the primary signer can't (or won't) pay it is entirely up to you. And you don't even end up with home ownership when all is said and done. Think carefully! |
|
Chiquita
 |
i think is bad credit |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 33 minutes(s) ago
| | | |
10 | 2 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
11 | 3 day(s) ago
| | | |
10 | 1 week(s) ago
| | | |
10 | 2 week(s) ago
| | | |
10 | 1 month(s) ago
| | | |
9 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
