Posted on: 16th Mar, 2009 04:49 pm
If the house is only in my name if I foreclose on the property will it affect my husbands credit?
Hi guest!
Welcome to forums!
If the mortgage is solely in your name, then the foreclosure of the property will not effect your husband's credit. However, if the mortgage docs have your husband's name, then his credit can get lowered by 250 points at least.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
If the mortgage is solely in your name, then the foreclosure of the property will not effect your husband's credit. However, if the mortgage docs have your husband's name, then his credit can get lowered by 250 points at least.
Feel free to ask if you have further queries.
Sussane