Re: Is buying a home feasible for us this year?
03-09-2009 09:48 AM
Thank you! I guess the big question will be whether it is better to try to qualify by myself and possibly get a better rate on a lower value loan or incude hubby and have a higher interest rate, but qualify for more house.
Will adding him as an AU on one of my cards really help or does he need to be joint?
You could always cross the bridge when you get there, but I bet he'd have scores well into the 600s by the time you are ready to app.
Adding him as an AU, not joint, will definitely help. All the history, good and bad, will appear on his CR. If you do it, then obviously choose a CC that is older than his CapOne and a currently opened CC that is free of lates, baddies, etc.