We would like to refinance our mortgage but my credit basically stinks. I was told we must use my credit score and information if my name is on the deed. If this is true, would it make sense to take my name off the deed?
2006-08-15 09:21:42 · 3 answers · asked by I love winter 7 in Business & Finance ➔ Credit
It looks like you asked this twice, but to recap my previous answer, you don't have to take your name off the deed. You can use your husband's credit and income to qualify for the refinance loan. If you have further questions, please feel free to contact me at robert495713@yahoo.com.
2006-08-15 11:05:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, it's true in most cases that the mortgage holder must also be the deed holder. The key in your case is to shop around as much as possible. Why? Simply because different companies offer very different rates.
I did a little surfing on the Web for you, and did find a site that rates mortgage lenders for less than perfect credit customers. Check it out at http://lendersrated.com/index.htm
I hope this helps you.
Leafgreen
2006-08-16 00:23:41 · answer #2 · answered by PaymentKey.com 3 · 0⤊ 0⤋
How bad is your credit score ?? If it is above 600 go to this website and use the 4 free refinance offers link to get a refinancing offer :
http://www.halfwayor.com
2006-08-15 16:41:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋