Special Credit Information for Married Couples

If you are married, separate credit accounts.

Try to increase the property in the name of only one partner to finance your investment financing.

Avoid common credit, financing opportunities for individuals rather than one at a time, limits. Accounts on behalf of a partner are credited only against those persons.

In other words, when applying for a single loan, spouse's accounts are not listed as monthly expenses are, and thismakes it easier to qualify for a loan.

If at the beginning of your real estate investment business, keep in mind that double income helps qualify you for a higher mortgage payments.

(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.