@kimcakee wrote:
@Anonymous
Sorry I don't know how to QUOTE posts here. Lol
He has 2 CC:
CAP1 opened 2009 with 1000CL and about 200 balance
Direct Rewards opened 2010 with 500CL and balance 167
My cards are:
BoA opened 2010 with 600CL and 0 balance
Cap1 opened 07/2011 with 750CL and balance 392
Barclay opened 12/2011 with 1500CL and balance 412
Im AU on his Direct Rewards
His AU on my Cap1 and Barclay
I really think you should be asking questions on the mortgage board. Assuming his scores are high enough, the question of whether or not you will get a mortgage will be determined based upon a lot of factors other than the FICO score. You should obtain both of your FICO scores here on MyFico, and then head over to the mortgage board. There is a sticky at the top of the page that will tell you the information that you should provide to ask the forum about what you should do to be approved for a mortgage. This will be the most helpful for you.
Nevertheless, your card balances are too high and will likely lower his scores if you don't pay them way down. Even if you pull him off as an AU now, it will likely show up on his credit report, since most cards report monthly. However, even though the debt to credit is too high, it still isn't a lot of money, and if your DH has a decent income and/or savings, the monthly amounts owed on the cards might not hurt your possibility of obtaining a mortgage. For example, when we applied for a mortgage, we happened to owe $5000 on AMEX that showed up on our reports (but we pay the AMEX bill off in full each month). The bank didn't even balk at that amount on the credit report because we had plenty of cash on had to cover the AMEX bill, down payment, closing costs and reserves. So... your FICO scores and amounts owed on credit cards are only part of the mortgage process.
Starting Score: 600s
