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    Nice1's Avatar
    Nice1 Posts: 20, Reputation: 1
    New Member
     
    #1

    Oct 10, 2007, 08:16 AM
    How can my husband qualify for a mortgage?
    My husband has no credit, and nobody wants to qualify him for credit. If he is not giving at least one opportunity, how is he going to establish credit? Help!! We will like to purchase a home. All we get is promises but no solutions.
    Emland's Avatar
    Emland Posts: 2,468, Reputation: 496
    Ultra Member
     
    #2

    Oct 10, 2007, 08:18 AM
    Has he never bought anything on credit? Have you tried applying?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #3

    Oct 10, 2007, 08:27 AM
    Hello again, nice:

    Apply for a gasoline company credit card. They're easier to get than a major credit card. You can start building a credit history with that one. Then you pay ontime and apply for another card and keep doing it.

    In no time (maybe a year), you'll be golden.

    excon
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #4

    Oct 10, 2007, 08:31 AM
    Or you can save for a big down payment. Even without a credit history a nice sized down payment (20%+) will go a long way.
    Nice1's Avatar
    Nice1 Posts: 20, Reputation: 1
    New Member
     
    #5

    Oct 10, 2007, 02:31 PM
    Thanks for all the feedbacks. I will tell my husband to try the gas credit card. We've been in the process of saving. I don't try myself because my credit is damage. My husband has try to apply for credit and has been deny many times.

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