Q: I have good job and income but terrible credit due to a foreclosure. My stay at home wife has great credit but no income. Can we buy a home in her name using my income to qualify?
A: I would first recommend that you get in touch with a loan officer, sit down and go over your credit report. many banks have individuals that can counsel you on credit repair, and the best way to raise your scores.
Susan Lucas is a Realtor with Coldwell Banker in Myrtle Beach, SC
A: It may be possible but, talk to two or three local lenders and see what they say. For this type of transaction, mortgage brokers may be a better choice than banks.