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Can a married man put on his mortage that he is a single man

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Icon Mini Profile suntropical729





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Post Posted: Fri Nov 03, 2006 9:45 am    Post subject: Can a married man put on his mortage that he is a single man
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Can a married man put on his mortage that he is a single man?
Adrienne

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Post Posted: Fri Nov 03, 2006 10:34 am    Post subject:
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Hi,

Not disclosing the fact that you are married is not necessary at the time you apply for a mortgage as even if you are married you can get a mortgage on your own and your married status will not have any affect on it.
SFarnham

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Post Posted: Fri Nov 03, 2006 11:02 am    Post subject:
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Also while filling the mortgage application you need to specify the martial status, whether married, single or separated.

So if you fill the form as single while actually a married person then it will be a false statement.
Icon Mini Profile mcole
mcole
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Post Posted: Sat Nov 04, 2006 5:54 am    Post subject:
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And if you happen to live in a community property state, even if you do the loan and title in your name only, the lender will most likely require that your wife sign a quitclaim deed.

Cool

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Icon Mini Profile sara
sara
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Post Posted: Sun Nov 05, 2006 9:42 am    Post subject: RE:
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Hi Guest,

Not revealing the true information may lead you into trouble in future. The lender would like to know about your ownership rights on the property as he will be having interest in the property. So, I personally feel it's better to provide the exact information.

Thanks,

Sara.

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