Trust is Key
With a joint account, the couple can make big-ticket purchases together, although lenders will still consider their individual credit scores during pre-approval. As mentioned earlier, joint accounts may be required in getting mortgage from established Sacramento mortgage brokers like Iron Point Mortgage.
Joint accounts work on the trust factor. The couple has equal access to a joint account and to keep the peace they should always disclose information about the purchases they make with it. This works well when sharing dues like utility bills since the couple has a unified pool of funds.
http://ironpointmortgage.com/sacramento-mortgage-brokers-urge-care-in-joint-accounts-for-newlyweds/
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