Posted by Shambhu Nath on September 06, 2003 at 24:15:35:
The lender will look at the credit of all the borrowers whose income is used to qualify and take the lowest of the middle fico of all borrowers. You may get a better rate if you state your household income and use only one borrower credit. With excellect credit, the stated credit borrower can get same as fully documented income up to 90 % ltv with 730 FICO.
Talk to your local mortgage company and they can advise pros and cons of both options.