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What else can I help you with?
In Florida if your parents are refinancing would your spouse need to sign the mortgage?
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
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 are trying to refinance a mortgage which is only in your name and your spouse has a much better credit score than you should you add your spouse's name to the title beforehand?
Yes.
Why would spouse want to be on title and not the mortgage in New Jersey?
Maybe you should ask them? Actually it would be surprising that the potential mortgagor would grant the mortgage unless your spouse (IF you are, in fact, legally married) failed to co-sign the documents.
can the spouse live in the home after the spouse dies under a reverse mortgage?
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
How do you get a mobile home mortgage out of your name with an ex-spouse?
Take a copy of your title to the relevant Provincial or State authority and fill in the required forms with them.
If only one spouse holds title to property in Florida does the other spouse have interest in property as well even though they are not in title?
In the case of divorce, that property may be added to the assets and then divided. If the property is subject to a homestead exemption the spouse must sign a mortgage or deed. See related links for more information.
If mortgage note is in the name of a deceased spouse but your name is on the deed will your credit be affected if you chose to walk away from the home?
If you are only on the title, then your credit will not be affected.
What are the laws regarding non-borrowing spouse on title in Arizona?
In Arizona, a non-borrowing spouse can be affected by mortgage loans even if they are not on the title. Under Arizona's community property laws, both spouses have rights to property acquired during the marriage, which includes debts incurred. If a property is purchased with a mortgage, both spouses may be liable for the debt, even if only one spouse is on the title or the loan. It's advisable for non-borrowing spouses to understand their rights and seek legal guidance to protect their interests.
How do you remove spouse from mortgage if divorcing?
The only way to remove your spouse is by refinancing the mortgage. Your attorney may be able to assist you in negotiating with the bank.
Should your parents have you on the title of their house to avoid forced sale?
If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.
Mortgage is in your name spouse dies will mortgage life insurance pay off house?
If the mortgage is in your name it would not be affected by the death of your spouse. Mortgage life insurance is coverage that is taken out so that your house would be paid for in the event of your death.
