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Search: "Credit issues"


Asked 06/03/2009 05:10 pm CT (New Bedford, MA)

my wife purchased a home through a nonconventional loan prior to our marrige in 2007 basically the hight of the market, mortgage and deed both in her name only. Due to the economy we have gotten behind a bit on the mortgage which has caused her some credit issues, my credit is still good. We wanted to refiance but were told my name had to be listed on the deed before they could do this for us. We filed the paper work to list me 45 days ago and have just found out today they will not refinance with us because we have lost so much equity in the house, upside down almost 50,000. Being this far behind we are almost ready to just let it go or possibly try a short sale and start over again with something much smaller and more affordable. will i no longer qualify for an FHA loan in my name now because of the deed status, and also if this is the case is there a way to reverse it, kinda like a nullification period where it has only been 45 days since the addition of my name? any answer or advice is greatly appreciated, thank you


Now that you are on title, you could potentially refinance under new programs that just came out whi...

[ Total Answers: 1 ]


Asked 03/19/2007 05:58 pm CT (Davis Junction, IL)

How hard is it to get my ex-husbands name off of a va loan, he agreed to sign over house, I don\\\'t want to refinace due to credit issues he created, I would like just to have him taken off the mortgage, is that possible.


[ Total Answers: 5 ]


Asked 09/06/2006 07:49 am CT (kanapolis, NC)

My in laws are willing to sell us their home for the remaining portion of their mortgage. My husband has credit issues that are keeping us from getting normal financing. We were planning on taking the 5k we have saved and attacking his debt, but they are offering us the house with 5k down and 650 a month. My q is- will these payments help his credit like standard mortgage payments or should we look into seller financing with an actual promissory note?


If you may still need help with your credit please see the website at

[ Total Answers: 2 ]