Consumption and Real Estate
How can I be on our mortgage without an existing credit score?
Question : How can I be on our mortgage without an existing credit score?
My husband and I want to apply together for a mortgage, his credit score is excellent, mine is non-existent since I have been in the US for only 3 years and have used credit cards related to my husband’s account only. Is there still a way for me to be on the mortgage?
Will my income be considered as part of our assets when we apply?
mortgage credit
Best answer:
Answer by pearlmel
Yes If you have a green card! as far as getting the mortgage your husbands credit would be the score they look at also you must hold a job to be on the mortgage!
www.directlendingplanet.com
Unfortunately, since you have a combined credit score, they will only report your husband’s credit score (since you credit cards are related to your husband’s account).
My suggestion if you want to have your own credit rating, I would suggest for you to talk to your husband about opening a credit card for your self and not have your husband’s name on it.
Usually they would put the wife’s name on the mortgage just incase the husband can not pay for the mortgage anymore, so yes, your name will be in the mortgage. Just make sure that you have your own job and that you can help your husband pay for it.