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If you are married and refinance a primary residence in Florida does your wife have to go on the mortgage?
Wiki User
∙ 13y ago
Yes. Your wife will have to sign the Mortgage. She will be on the Deed, the Title and the Mortgage. You however, if you are the only one that is borrowering the funds, will be the only on the Promissary Note.
Wiki User
∙ 13y ago
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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.
Can you refinance your home in your name only if your husband is not on the mortgage?
It depends on the state, but generally the answer is yes. In states that allow it, if you solely have enough income to refinance in your own name, you can leave your husband off the note and deed (mortgage) and take title as a married woman her sole and separate property. It will also depend on the lender. Some will want him on the title but not the note (due to bad credit). Just call a few lenders and see what they can or can't do.If both own the property by deed then both will need to sign the mortgage so that the lender can take possession by foreclosure in the case of a default.
If one spouse's name is on the deed and mortgage does the other spouse have any rights of claim to the property?
If it's the primary residence, both spouses have equal rights of ownership regardless of whose name is on the deed or mortgage. Second homes or investment properties do not apply to this. The court assumes "tenants in common" ownership for any married couple regarding their primary residence. (there may be an exception in some states if the house was owned by one person before they got married, and now the spouse lives there too - ask a lawyer if that's the case)
What happens if you were unmarried and got a home loan and then you marry?
Nothing, so long as you do not get divorced or die, and then it varies by situation and state. If you refinance after you are married, your spouse may be a borrower with you or may "join in" on the mortgage. Again that depends on certain conditions of the refinance such as whether or not you are refinancing your homestead property. Finally when you sell, depending on the same factors, you husband or wife may have a role to play in that sale.
Does being married get you a better mortgage interest rate?
No. It has nothing to do with being married or not. If that was the case that would be discrimination.
Do you have to be married to have a joint mortgage in Florida?
No.
What if reverse mortgage holder gets married?
The marriage is no problem, however the new spouse is not protected in the reverse mortgage unless a refinance is done into both of their names. As a result if the borrower passes away the new spouse will have 6 months to sell the property or refinance it... or to turn it over to the lender.
In Florida can two non-married people with different incomes have both their names on a mortgage and the deed?
Absolutely. Anyone can be named on a deed.
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.
WI - husband owned house before you married you cosigned loan to refinance but your name is not on the mortgage or deed What happens if he dies He also has 2 adult children Do you lose ownershi?
Usually in these, cases ownership will go to the surviving spouse.
Can you refinance your home in your name only if your husband is not on the mortgage?
It depends on the state, but generally the answer is yes. In states that allow it, if you solely have enough income to refinance in your own name, you can leave your husband off the note and deed (mortgage) and take title as a married woman her sole and separate property. It will also depend on the lender. Some will want him on the title but not the note (due to bad credit). Just call a few lenders and see what they can or can't do.If both own the property by deed then both will need to sign the mortgage so that the lender can take possession by foreclosure in the case of a default.
You live in Florida married in Nevada is the married good in Florida?
Yes you are still married in Florida.
If you have a home in Florida and want to refi and have gotten married does the spouse have to be on title or sign any documents if they are not on the mortgage?
It depends on whether the property is your primary residence/homestead or not. If it is, the spouse needs to sign the mortgage and have her name on the front page. It will typically say, for instance, "John Doe, joined by his wife, Jane Doe." If it's not homestead property, the spouse does not need to sign, but there needs to be language on the front page indicating that the mortgagor is encumbering non-homestead property.
If one spouse's name is on the deed and mortgage does the other spouse have any rights of claim to the property?
If it's the primary residence, both spouses have equal rights of ownership regardless of whose name is on the deed or mortgage. Second homes or investment properties do not apply to this. The court assumes "tenants in common" ownership for any married couple regarding their primary residence. (there may be an exception in some states if the house was owned by one person before they got married, and now the spouse lives there too - ask a lawyer if that's the case)
What happens if you were unmarried and got a home loan and then you marry?
Nothing, so long as you do not get divorced or die, and then it varies by situation and state. If you refinance after you are married, your spouse may be a borrower with you or may "join in" on the mortgage. Again that depends on certain conditions of the refinance such as whether or not you are refinancing your homestead property. Finally when you sell, depending on the same factors, you husband or wife may have a role to play in that sale.
What do you need do be married in florida?
To be married in Florida, you just need a marry licence.
Can an inmate get married?
can a inmate get married in florida
