Co-buying a home after BK discharge

[IBKevin]

My BK was discharged recently, and my girlfriend and I will be buying a home in Nov/Dec. She has a 740 fico and makes a very nice salary, so we are already approved for a zero down loan for more than we need.

My question is this: I will be paying 1/2 the mortgage payment, so I want to be on the deed. Will our rates be affected if I am on the mortgage as well? Or do they just use the individual with the best credit to determine the rate?

[shookup07]

Let her close on the loan herself; file a quick claim deed to the property after closing. If they use you on the loan, yes they will factor in your credit score and it could adversely effect your interest rate, or worse yet - turn you down.