Joint Mortgage Question

[mjnierva23]

So I have a quick question hopefully someone that is familiar with joint mortgages can help.

I wanted to know if joint mortgages will report on both party's credit reports?

The reason I ask is because I am a 20 year old college student with a pretty good fico score (788) and I wanted to get into the real estate business, buying and renting out houses. I currently have no income on the books and wouldnt be approved for a mortagage on my own. My father is graciously willing to apply for the loan with me as either a cosigner or as a joint applicant.

Because I have no income and only be basing my creditworthiness solely on my credit score would they even report the mortgage to the bureaus.

[ezdriver]

Mortgage payments are reported on every mortgagee's credit report. With no income, I don't see how a lender will consider you a borrower. Mortgage score alone is not enough to qualify for a mortgage. Each applicant is expected to have income.