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Maybe. It probably wouldn't be a very good idea though. If you get divorced, this could possibly be considered martial property since it was purchased during the marriage. I'm currently going through a divorce and purchased a house while the paperwork was still being processed. For the most part, if you're still with your spouse and have not divorced yet: you cannot hide the house because it is one of your assets. the only avenues of opportunity i see are: 1) you purchase the house but under a trusting family members name (mother/father). Using money from YOUR account and not a joint. 2) If you want the house in your name....THOROUGHLY document and leave as much a paper trail as possible showing the expenses came from your accounts. That way, even if divorce might occur, you will have no problems arguing the case for your house. 3) if you file for divorce...clearly document on the divorce papers that your future ex spouse has no financial rights after a certain date. then, and only then, can you hide the house as an asset (if it's purchased after the assigned cut off date) I strongly suggest you do not hide it because if you should ever re-finance...you WILL need a spousal signature whether he knew of the house or not. You don't want that. hope this helps!
Wiki User
∙ 15y ago
Wiki User
∙ 13y agoIf the home is titled in your name only, your ex-spouse should have no need to know about your refinancing it. If your ex-spouse's name remains on the title, your ex-spouse would not only have to know about it, he or she would have to co-sign any promissory note related to refinancing the home loan. No legitimate financial institution would issue such a loan without a co-owner's signature. Moreover, if a loan were secured without the ex-spouse's signature or through fraudulent means, he or she would have a legitimate claim if the property went into foreclosure.
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How do you refinance home after death of spouse?
The best place to start is updating the deed. Once your deed is updated, you can refinance your home with ease.
Can you drop a spouse from a mortgage without their signature by refinancing?
You can refinance without the spouse but you will need their consent to do so. If the spouse is on the title of the home, the answer is "no". If the spouse is on the existing mortgage the answer is "no". If the spouse is not on title you need to indicate on the loan application that you are married, and if you don't is fraud. At the time of closing she/he would have to be present. Inform you spouse of your actions.
If you purchased your home before you got married and now your spouse wants to be on the loan do you refinance in order to add him?
you just need to add your spouse to the deed. your banker can help you with that
How long does a spouse have to be away from the home to be charged with abandonment?
Abandonment is knowing relinquishment of one's right or claim to property without passing rights to another and with no intention to reclaim possession. Deserstion of one's spouse or child.
Can you refinance home equity loan without touching the first loan?
That's what a refinance is changing the terms. However, if you have equity, can get a 2d as alternative.
If 2 people are on a home loan can 1 person refinance that loan without the signature of the other?
No
What is the best way to refinance a home loan rate?
The best way to refinance a home loan rate is to obtain another loan without having a mortgage. In this way in the event of inability of payment, the customer will be insured and not lose own home.
Can a spouse refinance once separated from the loan owner in California?
Yes you can refinance and in order to secure a California home loan your spouse would have to sign a quitclaim deed, included in the final loan papers,to the affect that they are giving up their rights to the property. Your lender must put their blessing on this as well and your spouse will receive a questionairre from the tax collector asking if she received any funds (a buyout) in exchange for coming off title. <Ahref="http:www.affordableloansbykevin.com">California home loan</A>
If a home is purchased during a marriage without knowledge to spouse when divorced is the spouse entitled to the home or equity if sold after a divorce?
If you can prove it, you're homefree.
If your spouse dies without a will and the home is in both names but he has children Can they take part of the home?
if my spouse dies can his adult children take my home the house is owned by bothe of us
How can you refinance your home for a mortgage?
In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.
Can a spouse take a home equity line without the other spouse?
Depends who's name is on the mortgage. If both names are on, then you would need both spouse's to take out a home equity line of credit.
