Re: [WTW] Co-Applicant / Co-Signer

[Christine Rettenmaier]

Hi Lex, I talk with the people and try to figure out how they will have the greatest success of qualifying.  Then I do the budget accordingly.  Sometimes I do it both ways to see if they're better off applying together or if just one should apply.  Unlike Dave, I don't necessarily encourage co-applying because it doesn't help them build credit as individuals, and that's one of my goals.  I don't really discourage it, either, though.  If they are co-applicants I always require the same paperwork for both and apply the same guidelines.  Both names would go on the title.  I rarely have this happen, by the way. Chris R-Q ----- Original Message ----- From: Lex Levy To: [EMAIL PROTECTED] Sent: Thursday, July 01, 2004 7:36 AM Subject: [WTW] Co-Applicant / Co-Signer Hello All-   I have my first Co-Applicant loan going through and am wondering how this is handled.  Do any of you have experience with this and if so, can you tell me the procedure your site follows.  Do you require the Co-Applicant to complete a Loan Budget Form?  Are they listed on the Car Title?   What if the Co-Applicant shows a pattern of poor credit?  What if the Co-Applicant makes sufficient income to cover the loan with poor credit? etc. etc.   Thanks for your help. Lex Levy, Ways to Work Family Services of Montgomery County Pottstown, PA