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Are there any negatives to a married couple having only one person in the marriage on a home loan?
Wiki User
∙ 16y ago
Yes there are... if the person that is on the mortgage dies in a car wreck or something then the spouse will have a difficult time claiming the house unless the house was put in a will to the other who isn't on the mortgage.
The house could go in default of payment and the spouse not on the mortgage wouldn't necessarily know about it.
Wiki User
∙ 16y ago
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