Can I add my spouses income to mine to arrive at the maximum loan amount?
It depends. The lender makes a decision based on different factors. Your spouse will have to be a co-signor on the loan with you in order to use their income. The lender will look at your combined credit history. If you are applying for an unsecured loan, the amount of unsecured loans in proportion to your income will determine whether or not you will get the loan and how much you qualify for. Amounts borrowed, repaying history, loans outstanding play a role in their final decision.
