No. I went through this very same situation. I kept my maiden name and after marrying we wanted to buy a house. In every application they required both names on all the papers. Most cases when I asked why they would say it was to protect the rights of both spouses. I think its more to protect there investment. Which I learned later was actually a good thing. In major investments its always wise to have both parties on all forms The only reason I can imagine one not wanting both names is if one name will hurt there chances of approval. Best advice I can tell you is contact your lawyer and ask them the what the law requires in your state. YES! We just got a home loan in my husbands name only. His credit score was better than mine and our lender said it would be better to only have him on the loan. Eventually we are going to have my name added to the title to the house and that will require an attorney. Good luck to you!
Unmarrie couple both name on deeds the mortgage is on his name
My wife and l bought a condo and it is in both our names but the loan is only in my name We just bought a house but the mortgage loan is only on my name. The title and deed is is both our names.
Both persons if it is applicable. In some cases a married couple will hold a joint mortgage but only the wage earner will have a credit score on record.
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.
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.
Unmarrie couple both name on deeds the mortgage is on his name
My wife and l bought a condo and it is in both our names but the loan is only in my name We just bought a house but the mortgage loan is only on my name. The title and deed is is both our names.
Both persons if it is applicable. In some cases a married couple will hold a joint mortgage but only the wage earner will have a credit score on record.
A lender would require that all the owners of the property execute the mortgage. If only one person signs the mortgage and it is later foreclosed, the lender would only get that person't interest. Lender would want ALL the interest conveyed in the mortgage deed.
The two people can sign a quit claim deed and record it, effectively putting the deed in the third person's name only. HOWEVER, if there is still a mortgage on the property then the lender has to agree to this. If the couple co-signed for the home, this may not work until the third person can afford to refinance alone.
You can address it to only one, or address it to both using both names. Either way is acceptable.
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.
Since the couple were not married the surviving person is only responsible for joint debts only. The status of the home ownership depends upon how the property is titled and the terms of the mortgage agreement.
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.
Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.Julius Caesar actually married three women, not only two. Their names were Cornelia, Pomponia and Calpurnia.
You can't transfer the mortgage, but you can remortgage in her name only.
You would have to deed your interest in your spouses house back to her. If the lien is in both names you would either have to refinance in the new owners name only or see if the bank will allow a qualified assumption of the existing mortgage.