Posted by Rob on July 25, 1997 at 15:24:28:
Originally posted by Rob on July 03, 1997 at 07:22:22:
My husband and I have a horrible credit rating, however my was attending school and I was the primary source of income.
Currently we have an approximate combined annual income of $100,000. We have money toward a down payment, but because of our poor credit are we fooling ourselves thinking we may be able to obtain a mortgage.
Also, would my 75 year old mother be able to cosign a mortgage based on the fact that I will receive 1/2 of her $200,000 estate at the time of her death?