Yes, you will both need to consent to the loan if you’re a resident of a community property state and are in a covered relationship. Instructions on how to provide consent electronically are provided during the application process.
Currently, the nine community property states are:
- Arizona
- California
- Idaho
- Louisiana
- Nevada
- New Mexico
- Texas
- Washington
- Wisconsin
Alaska also allows couples to opt in to community property rules.
Keep in mind, checking your rates has no impact on your credit score. Click here to get started.
To learn more about how to Be Money Confident, join Best Egg Financial Health.