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What else can I help you with?
Can a spouse's income be used on a mortgage loan if she is not a co-borrower?
No, you can't use your spouse's income on a mortgage loan if she isn't going to "sign" it as a co-borrower. Only the incomes of those who sign for the loan are considered.
Does a non owner spouse sign a mortgage Georgia?
No they don't now go away
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.
Is it legal to sign for a spouse on financial documents if the spouse is unable?
You need to have a Durable Power of Attorney or you must be the court appointed guardian or conservator in order to sign a binding legal document on behalf of your incapacitated spouse.
Does a spouse have to sign for a reverse mortgage?
At the moment there are very few investors willing to purchase reverse mortgage loans with a non-borrowing spouse due to the AARP / HUD lawsuit. It's advised that both you and your spouse go on the loan together as the reverse mortgage becomes a balloon payment when the last surviving borrower passes.Some helpful reading on this topic here:Reverse Mortgage with Spouse Under 62 Leaves Vulnerabilityhttp://www.allrmc.com/blog/reverse-mortgage-with-spouse-under-62-leaves-vulnerability
How do you sign for your spouse on a mortgage?
Your spouse must execute a power of attorney that grants you the right to sign legal documents on their behalf. You need to consult with an attorney.
In Florida does a spouse have to sign documents when refinancing a mortgage?
Yes. Both parties must sign the documentation when refinancing an existing mortgage. This is to protect both parties from unfair lending practices.
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 a spouse legally sign documents on behalf of their partner?
Yes, a spouse can legally sign documents on behalf of their partner if they have been given specific authorization or power of attorney to do so.
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.
Can a spouse's income be used on a mortgage loan if she is not a co-borrower?
No, you can't use your spouse's income on a mortgage loan if she isn't going to "sign" it as a co-borrower. Only the incomes of those who sign for the loan are considered.
Does a non owner spouse sign a mortgage Georgia?
No they don't now go away
What plays did William Shakespeare sign?
He didn't sign any of them. All he signed was his will and some mortgage documents.
Legal age to sign mortgage documents in Michigan?
In Michigan, the legal age to sign mortgage documents is 18 years old. Minors are not legally able to enter into a mortgage contract on their own. Any individual under the age of 18 would need a legal guardian or parent to co-sign the mortgage with them.
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.
Is it legal to sign for a spouse on financial documents if the spouse is unable?
You need to have a Durable Power of Attorney or you must be the court appointed guardian or conservator in order to sign a binding legal document on behalf of your incapacitated spouse.
How much will it cost you to remove spouse from mortgage?
A quit claim deed will be rather inexpensive. However, the spouse can require payment to sign the agreement. You cannot remove them without their agreement and consent.Another PerspectiveA quitclaim deed will transfer the interest of the spouse in the property but will have no effect on the grantor's responsibility to the lender or the mortgage. Generally, the mortgage must be paid and refinanced in order to remove a spouse from any responsibility for paying the mortgage.
