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don't know |
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I believe that FICO scoring only works on an individual basis. |
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If you apply for a loan jointly, then the lenders will look at both the credit scores. |
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The answer to your question is, even if you are married you are still an individual and that is how each lender views it. Your partner may be on your credit report but they do not effect it. |
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It is completely up to you. Everyone on title needs to be on the loan. However, if one has bad credit, they can quit claim off of title and simply grant deed back on after the loan is complete. If your credit is a problem, I specialize in doing loans for people with the WORST credit. Not everyone can do what I do. I can get loans for people with under 500 credit scores. If you are intersted, contact Art at [email protected] -or- call me at 925-726-2691 |
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To answer your question, each individual has their own FICO score. As far as lenders, it depends on the type of loan program you are going for. Married couples are viewed as individuals as far as FICO is concerned BUT may be viewed as one as far as income and debt are concerned. And as far as title, not everyone on title needs to be on the loan. Good luck & Happy New Year! |
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A good mortgae broker will look at both scores and show you how to use the besy score to get the best deal. |
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Dan, check this article on my web-site: |
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A great website for you is |
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