Compare Mortgage Quotes

cathygorcsos · Joined: 01 Dec 2008 Posts: 1 1.00 Dollars($)

CAN TWO DIFFERENT NAMES GO ON A HOUSE DEED WHEN ONLY ONE PERSONS SIGN THE BANK MORTAGE LOAN?...COUPLE ENGAGED NOT MARRIED YET PLANNING TO BUY A HOME IN STATE OF PA. MORTAGE COMMITMENT WILL BE ONLY IN THE MALES NAME CAN THE FEMALE NAME GO ON THE TITLE OF THE HOUSE DEED ALONG WITH HIS?

smithsussane · Posted: Mon Dec 01, 2008 7:20 pm Post subject:

Hi cathygorcsos!

Welcome to forums!

As far as I know, it is possible to take the mortgage in the name of one person whereas both the names can be on the deed. However, you should inform the lender about this. At times, the lender may want both the persons to be on the loan docs as well.

Feel free to ask if you have further queries.

Sussane

Guest

My son and his girlfried bought a home, the loan is in her name and the deed is both names. They broke up, she moved out, she told my son he has 30 days to get a loan for the house, because she is not making any more paymentd in her name. My son has made all the house payments on time for the past four years and has put $20,000.00 in updates in the home. She will not give hime the mortgage information, coupon book. He knows the bank is Franklin something? What are our rights?

Karen

adonis · Posted: Tue Jul 14, 2009 11:04 pm Post subject:

Hi karastin,

You have mentioned that the loan is in the name of your son's girlfriend. In that case, if the loan gets defaulted, it's the girlfriend's credit which will get effected. The lender cannot sue your son for the payments. It would be better if your son transfers the property in his girlfriend's name and removes his name from the property. Thus, he will not remain liable for the property even. However, as your son's name is in the property deed, he can claim a certain portion of the equity from the property, if any.

Guest

My mum left a property in my name but the mortgage is in My brothers name and he has rented it out and is taking all the money because I am not living there and he also remorgaged the property and took out £25,000 for his business which did not work..I'm a single parent with two kids with a lot of debts and trying to make ends meet..A solicitor is dealing with my case and only gives me information when I phone what do I do...He is applying for legal aid for my brother to go court..but the application has not been sent yet!!still

smithsussane · Posted: Mon Oct 12, 2009 8:55 pm Post subject:

Hi Luby Lips!

Welcome to forums!

As the property is in your name, you are the owner of the property but you won't be responsible for the mortgage dues. Your brother holds the mortgage. He would be responsible for paying it off. Moreover, if he defaults the loan, then his credit would be badly affected.

If you want the property and the mortgage both in your name, then you'll have to refinance the mortgage and add your name.

Feel free to ask if you've further queries.

Sussane

Guest

The deed for the mobil home my partner and I purchased is in both our names. We broke up. Can I legally enter the mobil home to get my stuff. It is a summer vacation home and I purchased alot of the items in it. Can I remove the items I purchased?

smithsussane · Posted: Thu Mar 18, 2010 9:59 pm Post subject:

Hi Dee!

Welcome to forums!

As you are listed on the property deed, you would be considered as the property owner. You can definitely enter into that property and get the stuffs that you had purchased.

Feel free to ask if you've further queries.

Sussane

Guest

MY SON IS MISSING .. HE & GIRLFRIEND WERE NOT MARRIED... BOTH NAMES ARE ON THE HOUSE HE BOUGHT... SHE CANNOT GET THIS PROPERTY UNLESS HE IS FOUND DEAD --- RIGHT ??

adonis · Posted: Thu Apr 29, 2010 10:16 pm Post subject:

Welcome MARLI,

Your son will have to transfer the property in his girlfriend's name to make her the owner of the property. In case, your son is deceased, then the girlfriend will have to contact the county recorder's office and get the property transferred in her name.

Guest

The owner thatndidn,t sign note owns 99% of house on deed- he made down payment -monthly payments for 6 years and he has been ownwr occcuping premises since closing. Can both make an obama loan mod based on only the owner (that paid everything and has always accupied) income

jameshogg · Posted: Fri May 07, 2010 10:22 pm Post subject:

Hi barbaraxann,

The person whose name is mentioned on the mortgage deed will have to apply for a loan modification with the lender. Depending upon his financial situation, the lender will let the person know whether or not his request gets accepted.

Thanks

Guest

I am on the deed of my son's home(he borrowed from me to buy the home).
Can he get an equity loan without my signature?

adonis · Posted: Sun May 09, 2010 10:07 pm Post subject:

Hi William,

Your son can apply for a loan with his credit score and income. It is not mandatory for you to be on the mortgage. If he satisfies the criteria of the loan, he will be able to get the mortgage.

Guest

can my husband apply for a loan to refiance our home without me and will i loose all rights

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours
1, 2 Next
Page 1 of 2