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Do FHA loan regulations allow for the loan to have only one borrower but two names on the title?

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Guest	Posted: Thu Jun 18, 2009 5:53 am    Post subject: Do FHA loan regulations allow for the loan to have only one Like 0 Dislike 0 I am aware that we could have an attorney draw up Quit Claim deed but is it possible to have me take part in signing all of the documentation ie. Buyer's offer, lead form etc. without being on the loan. Is this in accordance with FHA Loan regs? Thanks
brian3 Joined: 09 Jun 2009 Posts: 80 21.31 Dollars($)	Posted: Thu Jun 18, 2009 6:38 am    Post subject: Like 0 Dislike 0 You cannot be on the contract for the property but you can sign the deed. If you sign the deed you will be required to sign the truth in lending and a few other documents. The reason for that is if the bank has to foreclose you also will be removed. _________________ Brian F. Foster Mortgage Banker BFF Mortgage 7057 John F. Kennedy Blvd North Bergen, NJ 07047 201-305-5149 First Residential Mortgage: Licensed direct lenders in NY, NJ, CT, PA, FL, VA, MD, NC, SC, TX

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