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Will SS affect my credit - am not on loan
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Topic: Will SS affect my credit - am not on loan (Read 1807 times)
excitingname
Member
Posts: 119
Will SS affect my credit - am not on loan
«
on:
June 13, 2010, 11:18:56 am »
I am not on the loan to our house
Now, doing a short sale on our house, I am wondering if it will affect only my husbands credit because he is the only one one the loan? Or, will it affect mine too?
We are in AZ which is a community property state, but still, I am not on the acutal loan.
??
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Iloverealestate
Member
Posts: 1
Re: Will SS affect my credit - am not on loan
«
Reply #1 on:
June 14, 2010, 08:53:57 pm »
No it will not affect your credit. If the home is only in your husbands name.
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Bluemoon06
Member
Posts: 3212
Re: Will SS affect my credit - am not on loan
«
Reply #2 on:
June 21, 2010, 11:44:45 am »
I live in a community property state also. My wife and I purposely only take out loans in one name. Our thought process is that if and when I hit the limit of houses that I can finance we then start to finance them in her name and when she maxes out we have more than enough houses. This stops us from maxing out.
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Real estate to Retire you
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DavidRowe
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Posts: 30
Re: Will SS affect my credit - am not on loan
«
Reply #3 on:
July 07, 2010, 10:21:46 pm »
Nope, it shouldn't! If your name isn't on the note, trust or any doc.. you'll be good!!
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