Hi everyone,
I am currently in the process of attempting to short sale a condo which I purchased 5 years ago before I was married. My husband would like us to purchase a home and we would like to try and do this with him as the sole owner. If he is the primary borrower, how would my current shortsale affect his chances of getting a loan if I was the co-borrower? (We have a good income together, but I am the one that carries the cc debt and now the whole issue of shortsale). Is it even worth a shot to try to qualify me as a co-borrower or should we just let him apply on his own? My understanding is that the banks won't even consider my income unless they pull my credit report and I think doing that won't do any good based on my score.
Thank you
Anna
