Posted on: 01st May, 2009 08:08 am
My husband and I are ready to sign off on a refinanced loan for our mortgage but b/c I am a comtracted worker and something about the way i file my taxes, they determined that it is easier for them to have my husband be the sole holder of the loan although we will both be the holders of the deed My question is this: will not having my name on the mortgage somehow translate into a lower/shittier credit score and make it harder for me to get a mortgage/loan in the future? In other words, will my being on the mortgage before refinancing and not after cause a hit to my credit score?
Can anyone answer this question?
Thanks!
Can anyone answer this question?
Thanks!
nice gal, it would have been nice if you hadn't used one of those words to describe your score, but not being a borrower should have no measurable effect on your score. after all, the credit report will reflect a paid in full mortgage loan.