Unmarried Couples Buying A House «2K»

: Lenders typically use the lower of the two credit scores to set interest rates. If one partner has poor credit, it might be better for the other to apply alone.

Applying for a mortgage jointly can increase your buying power, but it also carries shared risks. unmarried couples buying a house

Unlike married couples, whose property rights are often defined by state law, unmarried partners must explicitly document their intentions. : Lenders typically use the lower of the

: You cannot file taxes jointly. Only the person(s) on the mortgage can typically claim the mortgage interest deduction, and you may need to itemize to split it. unmarried couples buying a house