This is not saying this is your situation - this was MY situation....one of those learn from my mistake deals....
My dad likes to have weird bits of "advice" he spouts, that usually make no sense until you need it to. One was "Never marry someone without a financial report from them."
When I was younger and Oh So In Love, I married a guy with BAD credit, and a cruddy job. I had stellar credit (pushing 800), and a great job. We wanted a house in the country. Found one, on a couple acres, loved it, and went to buy it. Found out he couldn't be on the loan at all because of his credit. So, I bought it alone.
A few months later, we divorced. He was to pay me half of the mortgage and bills. Yeah right. He had bad credit for a reason. I left the house, moved close to my job. I paid a mortgage payment AND for an apartment, by myself. The housing market tanked, and I ended up foreclosing, because I couldn't sell a house I didn't want to live in (and was almost 100 miles from my work and family). I'm now stuck with BAD credit for a few more years until it falls off, and him? He doesn't have a whit of it on his neck. Course, he still can't pay a bill to save his life, so his credit is still jacked, but it ruined mine.
Moral of the story - get a financial report
You guys are not able to get a house now, period. Both of you need to either go to school/back to school, and or get a better job or work two or three jobs. Get married when your "financial reports" are in good standing, not before.
(My now husband weren't going to get married until I had my credit straight again, but illness and pregnancy meant I had to quit my job and get on his insurance. It has caused some stress, because my poor credit has impacted him (higher insurance for our vehicles, we can't joint own anything that needs financing etc.) We now are finally getting it all cleaned up and paid off, as I'm back to work and able to start rebuilding my credit. It was a hard road.).
It takes a lot of money to make the world go round.
My dad likes to have weird bits of "advice" he spouts, that usually make no sense until you need it to. One was "Never marry someone without a financial report from them."
When I was younger and Oh So In Love, I married a guy with BAD credit, and a cruddy job. I had stellar credit (pushing 800), and a great job. We wanted a house in the country. Found one, on a couple acres, loved it, and went to buy it. Found out he couldn't be on the loan at all because of his credit. So, I bought it alone.
A few months later, we divorced. He was to pay me half of the mortgage and bills. Yeah right. He had bad credit for a reason. I left the house, moved close to my job. I paid a mortgage payment AND for an apartment, by myself. The housing market tanked, and I ended up foreclosing, because I couldn't sell a house I didn't want to live in (and was almost 100 miles from my work and family). I'm now stuck with BAD credit for a few more years until it falls off, and him? He doesn't have a whit of it on his neck. Course, he still can't pay a bill to save his life, so his credit is still jacked, but it ruined mine.
Moral of the story - get a financial report
(My now husband weren't going to get married until I had my credit straight again, but illness and pregnancy meant I had to quit my job and get on his insurance. It has caused some stress, because my poor credit has impacted him (higher insurance for our vehicles, we can't joint own anything that needs financing etc.) We now are finally getting it all cleaned up and paid off, as I'm back to work and able to start rebuilding my credit. It was a hard road.).
It takes a lot of money to make the world go round.
