Check Out Your Friend's Credit

If you are buying a home jointly with someone else, your credit score may not be the one the lender looks at.
HmBuy_loans_H

HmBuy_loans_H

By: Tara-Nicholle Nelson

Related To:

Make your co-buyer go through the credit makeover process to maximize her score, too, then consult with your mortgage professional. Even if your score is below 580, you might not need to wait if your co-buyer's score is the one lenders want to see. Generally speaking, the buyer who makes the most money is the one whose score is of interest to lenders. Of course, the person with the highest income is also often the person with the most bills and, accordingly, the lowest credit score. Consult with your mortgage professional to see whose score is important. 

Next Up

Scheduling Your Relocation

If you can postpone your move, you could save some major cash.

What Foreclosure Means and How to Stop It From Happening

Learn about the various steps in the foreclosure process and ways you can avoid losing your home.

The Skinny on the Short Sale

How to get a short sale when you're facing foreclosure on a house.

Saving Money While Paying for a Home

You may be financially "exhausted" from saving for your home purchase, but now's actually a great time to keep saving.

Short Sale Rules: What You Need to Know

A short sale occurs when a property is sold for less than what is owed on the mortgage with the lender's approval. Learn the advantages and disadvantages of this type of transaction for the seller and the buyer.

Moving Day Tips: How to Pack for a Move

These 10 packing tips will help you move more efficiently and smoothly.

Did I Accept a Bad Offer on My Home?

Worried you accepted a bad offer for your home? Let real estate expert soothe your fears.

Real Estate Survival Guide: Buyer's Checklist

Refer to this 10-step checklist to get you through the homebuying process.

Provide Easy Access For Showings

Opening up beyond the open house.

How to Make an Offer for a House

Making an offer on a house isn't a total roll of the dice. There are some basic steps you and your Realtor can take to arrive at a price range and other terms that make sense.

Go Shopping

Refresh your home with stylish products handpicked by HGTV editors.

Follow Us Everywhere

Join the party! Don't miss HGTV in your favorite social media feeds.