cancel
Showing results for 
Search instead for 
Did you mean: 

Using Middle FICO of person with Higher Salary?

Member

Using Middle FICO of person with Higher Salary?

A person in this forum  indicated that if you are married, some lenders will use the middle FICO of the person who makes more rmoney (salary) rather than automatically using the middle score of the lower scoring individual. Would this also be the case for co-habitating couples who are buying together? If so, can you anyone identify any lenders that use this method rather than mid score for lower scoring individual. This would be a big help!
 
Thanks!
Message 1 of 4
3 REPLIES
Established Member

Re: Using Middle FICO of person with Higher Salary?

in my experience, it doesn't matter whether you're married or related. A co-borrower is a co-borrower.
Message 2 of 4
Highlighted
Member

Re: Using Middle FICO of person with Higher Salary?

Does anyone have any thoughts on how I would locate a lender for 2nd mortgage that would be willing to work from the middle FICO of the higher scoring primary earner rather than the middle FICO of the lower scoring individual?
Message 3 of 4
Super Contributor

Re: Using Middle FICO of person with Higher Salary?

Citi Home Equity takes the primary wage earner score.
Mortgages (FHA, VA, USDA, Fannie, Freddie, Non-Prime) since 2002, based in Irvine, CA and lending in all 50 states

Information that is needed to determine if you qualify for a mortgage

Message 4 of 4