Search for mortgages, but reported income?

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Currently, it is difficult to provide a loan company who are willing to grant a mortgage loan can be given that revenue. Due to the mortgage crisis, all lenders require a complete review of all blown someone Dokumente.Hat brokers or lenders who are still based on mortgages stated income?
We talked about buying a condo a few years, and only if we are serious about this, my husband got laid off. He has a good FICO score, but had been unemployed for some time. I have very good FICO score and the same job for 4 Jahren.Selbst if he finds a job quickly, his work is his story not too long, I do not know what will creditors is a question k├╝mmern.Meine question – I can for a loan just to get the best deal now and put his name on the title to apply later? In this case, I can later its name on the loan? Our marriage is solid, but you never know what happens in the future and I want it just sein.Vielen Thanks in advance:) I’m applying it to my only income btw.

7 Comments
  1. Reply
    Landlord
    February 13, 2011 at 11:01 pm

    I am not having any trouble. Just use your tax returns, that works as proof of income.

  2. Reply
    Jennifer R
    February 13, 2011 at 11:08 pm

    If you have a credit score of over 740 and your loan to value is less than 80% somewhat stated loans still exist.

  3. Reply
    Em C
    February 13, 2011 at 11:43 pm

    Yes those types of loans still exist but you will need to have very good credit and money to put down.

  4. Reply
    Judy
    February 14, 2011 at 12:01 am

    The bank will ask you if you are married, when they do they will require both of your credit reports history – no way around it.

    Even if you finance it on your own, there is no way you can put him on the title without re-financing the home which will again costs thousands in closing costs all over again since you will be making a new loan with both of your names on it.
    You can’t just add a person to the title of your home. (Well, unless it’s paid in full in cash- then you just go to the county office and pay a hundred bucks or so).
    /

  5. Reply
    Age of Reason
    February 14, 2011 at 12:25 am

    You can apply for the loan in your name only and put his name on the title at closing
    No you cannot add his name to the loan. You would have to refinance using both your incomes

  6. Reply
    Realtoratheart
    February 14, 2011 at 12:28 am

    If you can qualify on your own income, he doesn’t have to be on the mortgage. But he should be on the title/deed.

  7. Reply
    godged
    February 14, 2011 at 1:08 am

    You can absolutely apply for financing in your own name, and hopefully on your income alone, you can qualify for what you are wanting to shop for. Also, you can take title however you want, you can put your husband’s name on title right from possession. The only way you put his name on the loan later is by refinancing. If your husband gets a job in a similar field, the lenders will (at least should, the rules change daily) view that as steady employment history, and you should be fine.

    Good luck in whatever you decide to do.

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