We are married, selling our home in Maryland and moving to Delaware.
My husband is 70 and I am 62. He is applying for the mortgage on the new home as I am a co-signer on student loans for both of our children and he felt that might be a deterrent in the mortgage approval.
If my name is not on the mortgage or deed to the new home, what will happen if my husband dies.
I am quite concerned that this is not the right thing to do, however, he has already submitted the paperwork and the mortage application process has begun.
Thanking you in advance -