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spouse judement in ohio effect mortgage application in nevada

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Guest	Posted: Mon Mar 01, 2010 2:29 pm    Post subject: spouse judement in ohio effect mortgage application in nevad Like 0 Dislike 0 want to purchase house on my own in nevada but spouse has judgement in ohio. spouse closed doors of corp business and had signed personaly for a large corp bank line of credit that can not be paid completly with corp assets bank got judgement against spouse. can I qualify for mt own home mortage and can it be protected from the ohio creditor
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Mar 01, 2010 8:27 pm    Post subject: Like 0 Dislike 0 Hi Guest! Welcome to forums! The judgment is against your spouse. I hope you are nowhere mentioned in that judgment. Thus, you are not liable for it. You will be able to buy a property of your own depending upon your credit score and income. As the property will be solely in your name, the creditors of your spouse will not be able to come after your property to recover their dues. Feel free to ask if you've further queries. Sussane
jburke Joined: 09 Mar 2010 Posts: 90 Location: National 17.46 Dollars($)	Posted: Tue Mar 09, 2010 4:18 pm    Post subject: Like 0 Dislike 0 Hi Guest, Nevada is a community property state and I have had underwriters require that a non borrowing spouse's credit be pulled as part of the approval. In addition to that, the title company will also do records search once you're under contract and that will usually show any judgments. _________________ John Burke Mortgage Banker FHA Loans VA Loans USDA Loans Conforming Loans

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