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Spousal waiver

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Sraah Guest 0.10 Dollars($)	Posted: Thu Jul 21, 2005 10:50 am    Post subject: Spousal waiver When a borrower is married but is the only one on mortgage, deed, and title, does the wife have to sign the mortgage and TIL or can she waive rights
Sam Site Admin Joined: 21 May 2005 Posts: 214 Location: CALIFORNIA 99.70 Dollars($)	Posted: Thu Jul 21, 2005 8:45 pm    Post subject: RE: Hi Sraah, Welcome to MortgageFit forum. It is not mandatory that the wife of a borrower has to sign the mortgage or deed which has been taken earlier. She can waive rights if she wants to, but to do so she will have to be a co-owner of the property. In case the wife becomes a co-owner, she will have equal liability as her husband to pay off the mortgage. Otherwise if the husband is the only owner of the property,then only he will be obligated to pay off the mortgage. Hope this information will help to clear your doubt. Please write back to us with further queries. Also sign upwith us to get free advice on any of your queries. Regards, Sam

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