Your spouse's credit score may have a positive or negative impact on your ability to acquire a mortgage together.

Question

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When applying for a joint mortgage, both applicants' credit scores will be taken into consideration by the lender. If one spouse has a lower credit score, it can affect the overall loan terms, such as interest rate or loan approval. Therefore, it's important for both spouses to maintain good credit in order to increase the chances of being approved for a mortgage and obtaining favorable loan terms.

Your Spouse's Credit Score May Have a Positive or Negative