gousto64 Posted September 13, 2011 Share Posted September 13, 2011 today i recieved information from the loan office that i qualify for a 150,000 dollars loan but with a wife i gualify for nothing. community property state. what can we do. Link to comment Share on other sites More sharing options...
HadIt.com Elder Philip Rogers Posted September 13, 2011 HadIt.com Elder Share Posted September 13, 2011 (edited) You can try getting the mortgage in strickly your name but I don't recommend it as any marriage could fail at any time and you'd be stuck for the whole thing and could have to give up half besides. jmo pr Edited September 13, 2011 by Philip Rogers Link to comment Share on other sites More sharing options...
Moderator brokensoldier244th Posted September 13, 2011 Moderator Share Posted September 13, 2011 You should be able to afford the mortgage on your own anyway, regardless of marriage, just to be safe. Just apply for it on your own and add her later, or not. The Earth is degenerating these days. Bribery and corruption abound.Children no longer mind their parents, every man wants to write a book,and it is evident that the end of the world is fast approaching. --17 different possible sources, all lacking verifiable attribution. B.S. Doane College, Mgt Info Systems/Systems Analysis 2008 M.S.Ed. Purdue University, Instructional Development and Technology, Feb. 2021 M.S. Purdue University Information Technology/InfoSec, Dec 2022 100% P/T MDD Spine Radiculopathy Sleep Apnea Some other stuff -------------------------------------------B.S. Info Systems Mgt/Systems Analysis-Doane College 2008M.S. Instructional Technology and Design- Purdue University 2021 (I AM NOT A RATER- I work the claims BEFORE they are rated, annotating medical evidence in your records, VA and Legal documents, and DA/DD forms- basically a paralegal/vso/etc except that I also evaluate your records based on Caluza and try to justify and schedule the exams that you go to based on whether or not your records have enough in them to warrant those) Link to comment Share on other sites More sharing options...
HadIt.com Elder Philip Rogers Posted September 13, 2011 HadIt.com Elder Share Posted September 13, 2011 Why would she want to be added to the mortgage, period, yet alone later??? Makes no sense. Usually a second person is on the mortgage just to make it easier to secure. She can be added to the deed, at anytime, subject to any existing mortgages. pr You should be able to afford the mortgage on your own anyway, regardless of marriage, just to be safe. Just apply for it on your own and add her later, or not. Link to comment Share on other sites More sharing options...
Moderator brokensoldier244th Posted September 13, 2011 Moderator Share Posted September 13, 2011 that's what I meant-deed, not mortgage, sorry. Either way, in a community property state whether she is on there or not doesn't really matter since, worst case scenario, she'd be entitled to half of it anyway, depending on the wording of the decree and the laws of your state. Why would she want to be added to the mortgage, period, yet alone later??? Makes no sense. Usually a second person is on the mortgage just to make it easier to secure. She can be added to the deed, at anytime, subject to any existing mortgages. pr The Earth is degenerating these days. Bribery and corruption abound.Children no longer mind their parents, every man wants to write a book,and it is evident that the end of the world is fast approaching. --17 different possible sources, all lacking verifiable attribution. B.S. Doane College, Mgt Info Systems/Systems Analysis 2008 M.S.Ed. Purdue University, Instructional Development and Technology, Feb. 2021 M.S. Purdue University Information Technology/InfoSec, Dec 2022 100% P/T MDD Spine Radiculopathy Sleep Apnea Some other stuff -------------------------------------------B.S. Info Systems Mgt/Systems Analysis-Doane College 2008M.S. Instructional Technology and Design- Purdue University 2021 (I AM NOT A RATER- I work the claims BEFORE they are rated, annotating medical evidence in your records, VA and Legal documents, and DA/DD forms- basically a paralegal/vso/etc except that I also evaluate your records based on Caluza and try to justify and schedule the exams that you go to based on whether or not your records have enough in them to warrant those) Link to comment Share on other sites More sharing options...
gousto64 Posted September 13, 2011 Author Share Posted September 13, 2011 The loan officer that the va guieded me Requested her information before they would complete the loan app And would not go any further without it Link to comment Share on other sites More sharing options...
Question
gousto64
today i recieved information from the loan office that i qualify for a 150,000 dollars loan but with a wife i gualify for nothing. community property state.
what can we do.
Link to comment
Share on other sites
Top Posters For This Question
2
2
2
Popular Days
Sep 13
6
Top Posters For This Question
Philip Rogers 2 posts
gousto64 2 posts
brokensoldier244th 2 posts
Popular Days
Sep 13 2011
6 posts
5 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now