I must be getting popular. No complaints. Being in demand is a good thing. I have a new review for you today. The good people over at Mortgage Loan Place have stepped up and asked me to review their site and the information they're serving up.

First off, what is this site about? There is no "About us" page to access, but their tag line makes it pretty clear:

Mortgage and Refinancing FAQ’s - Your Questions Answered

OK, mortgages are something I'm very familiar with I should be a decent judge of the advice they give. Let's check on one of their answers, shall we? Under the Mortgages heading is an item that caught my eye: When Spouses Have Different Credit Scores.

Ah, now there's an interesting one. How many homes today are purchased by spouses with different credit scores? It's not like it used to be, where one spouse held the credit score for the entire household. Nowadays people are marrying later in life, after each party has had ample time to create his / her own credit history and establish a credit score. This answer should be a good one, maybe even an opportunity to learn.

I was glad to see that, Mortgage Loan Place pretty much nailed this one. Here's the best part of their answer:

Perhaps the worst option would be for the couple to take out the loan together as co-owners and co-borrowers. This would result in a loan that is affected by the bad credit of one of the spouses, meaning a high interest rate. It is possible for one spouse to be a co-owner of the house and not a co-borrower...

Good job!

If you're young and recently married, or even if you're not so young and taking the plunge, you owe it to yourself and your spouse's future financial well being to look at all the angles. Find the right approach to take given your own financial realities. A site like Mortgage Loan Place can help you to see alternative approaches to financing your home which you might not know about otherwise.