My husband and I bought a home. We have purchased a new home and are renting the old one at a very low price. We are now in an upside down loan and are close to foreclosure. The loan is only in my husband name. Will this also affect my credit?

My husband and I have a home which we will be forclosing on prety soon. The loan is under his name. Will this affect my credit?

Hello sd:

If you live in a community property state, it could.

excon

Please only post your question once - already asked and answered.

Is your question about your credit or deleting a name from a Deed (as the heading indicates)?

Should be combined.