Talk to the mortgage officer of the bank. The bank is interested in "having names" on the mortgage to assure the bank that the bank will be repaid for the money that it loaned. The laws of the state may have a bearing. In some states, an unmarried couple can share responsibility. In other states, they can't. Be careful when you "get too many names" on the mortgage. It leads to bickering in the event of a non payment. It complicates things when the house is to be sold and the mortgage retired. Get some legal and tax advice on this. Be careful. Mike B
You have to apply for a mortgage jointly for both people to be listed on a mortgage. You can however have your name added to a title of a house with simple paperwork.
No, if you own a house outright with no mortgage, you do not have to pay a mortgage on it.
yes.
No I do not have a mortgage from AARP Reverse Mortgage because I am not 100 years old. That is for old people who need money and do not need their house any longer because they will be dieing soon.
Yes, a house with a mortgage can be demolished, but the mortgage would still need to be paid off even if the house is destroyed.
There is no maximum number of years...there are people in the house that have served for almost 60 years.
You have to apply for a mortgage jointly for both people to be listed on a mortgage. You can however have your name added to a title of a house with simple paperwork.
No, if you own a house outright with no mortgage, you do not have to pay a mortgage on it.
yes.
A mortgage is calculate by multiplying the principle(or amount borrowed to purchase house), times the interest of the loan over the period of the loan. <a href="http://www.acalculator.com/fha-mortgage-loan-calculator.html">Mortgage Calculator</a> helps to find the maximum monthly payment and the maximum loan amount for which you may qualify, calculate your taxes/insurance and also to see if your income is sufficient to qualify.
Though tents can be made to house nearly any number of people, the largest easily available tent designed for camping and other applications can house up to twelve people comfortably.
No I do not have a mortgage from AARP Reverse Mortgage because I am not 100 years old. That is for old people who need money and do not need their house any longer because they will be dieing soon.
The number of mortgages on a property has no impact on the owner's ability to put the house in a trust.
6
Yes, a house with a mortgage can be demolished, but the mortgage would still need to be paid off even if the house is destroyed.
There is no maximum or minimum. The number of people or that can or must file in a house, or family, is NOT even addressed in US rules. It is irrelevant.
In all the years i have owned a house, in 4 different states, i have deducted ALL of my mortgage interest for the 1st 15 years on a 30 year mortgage. Answer 2 There is a limit as the size of the mortage goes above $1.1m. check with our financial advisor