i have recently married and my husband and I are going to be relocating soon. the house we currently have is in his name only. i have filed for bankruptcy in 2000 and would like to know how we should go about getting a loan. should we get it in his name only to avoid listing my credit? we have a combined income of over 100,000 a year and no debt other than 150,000 mortgage on our current home. we will have about 100,000 to put down on a 300,000 dollar loan.

Kelli:

Your name can be on the title without being on the loan. Just something to think about

I would suggest speaking with a mortgage broker that lends in the state you're relocating to.....most of the time a broker can find a lender that will use the file date of your bankruptcy to determine seasoning requirements(ie. how long you've been out of bankruptcy)....have them run scenarios in your name and your husband's, jointly and seperately......the most important thing after bankruptcy is reestablishing your credit, and a slight difference in interest rates may go a long way in rebuilding your personal credit. You can always refinance for a lower rate further down the line. Good luck!