Updated over 8 years ago on . Most recent reply
Impact of applying for a loan if getting married
Hi,
I have a triplex under contract that will only be finished in the fall (new construction). I am buying the triplex using an LLC. I have a very good credit and will put 25% down. I am also engaged and we are planning to get married in the summer. My fiancé has very high college debt; therefore, I am wondering if that will impact me in getting the loan this year as it will mean that as a couple we will have more debt. Should I wait to get married after I close on the property? or should this have no impact in the analysis from the bank as I am buying the property using an LLC? Thank you for your help!