Posted on: 01st Dec, 2008 07:27 am
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?
Hi dhardy!
Welcome to forums!
It is not mandatory for you to be married to your boyfriend to add your name to the property deed. You can add your name to the property deed prior to marriage and take out a mortgage on that property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
It is not mandatory for you to be married to your boyfriend to add your name to the property deed. You can add your name to the property deed prior to marriage and take out a mortgage on that property.
Feel free to ask if you've further queries.
Sussane
title in 3 names, loan in one, mortgage deed says all 3 yet they say 2 arent
responsible for loan. What will happen in default
responsible for loan. What will happen in default
Hi evy!
Welcome to forums!
The person whose name is on the mortgage docs will be responsible for paying the mortgage. In case of default, the lender will come after the person whose name is on the mortgage.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
The person whose name is on the mortgage docs will be responsible for paying the mortgage. In case of default, the lender will come after the person whose name is on the mortgage.
Feel free to ask if you've further queries.
Sussane
my name only is on the mortgage loan and my brother in law and i are on the title of the house. he is currently living there and not paying the mortgage for almost 2 years just paying insurance. now my loan is in default and my credit is severly damage. what right do i have as far as taking ownership of the property and moving in myself and refinance the loan and start paying it?
Hi jorge,
The mortgage loan is solely in your name. In such a situation, you're solely responsible for paying off the dues. You don't have to refinance the mortgage for that. However, if you want to transfer the property solely in your name, then you can ask your brother-in-law to sign a quitclaim deed in your favor.
Thanks
The mortgage loan is solely in your name. In such a situation, you're solely responsible for paying off the dues. You don't have to refinance the mortgage for that. However, if you want to transfer the property solely in your name, then you can ask your brother-in-law to sign a quitclaim deed in your favor.
Thanks
my sister and I bought a home each paying half. we want to refinance to get some cash out with my name on the loan and both names on the deeds. Will we both be responsible for the loan or will the loan be my responsibility only? She is now disable recieving a forth ofher old salary.
Welcome Guest,
Your query has been replied to in the given page:
http://www.mortgagefit.com/annoucements/about49251.html
Take a look at it. Hope it helps you.
Your query has been replied to in the given page:
http://www.mortgagefit.com/annoucements/about49251.html
Take a look at it. Hope it helps you.
wife wants her name on deed on a reverse mortgage loan of which husband was only one elgible for loan when purchased. the deed is only in husbands name now and wife wants on. if possible where do we go to make change?
Hi reggie,
If the wife's age is 62 years or more, then the husband can sign a quitclaim deed and add her name to the property deed. The lender won't object to it.
Thanks
If the wife's age is 62 years or more, then the husband can sign a quitclaim deed and add her name to the property deed. The lender won't object to it.
Thanks
My uncle deeded me his home and it is registered in my name at the court house but I don't have the deed. It is in my name.Can I take a loan againest the home even if i don't phyisically have the deed. He is still living there.My address is for that house but I live some where else.Can I get a copy of the deed at the court house?His attorney is holding the deed?
Hi Guest,
It will be easier for you to qualify for a loan if you have the deed physically with you. You can get the copy of the deed at the county recorder's office.
It will be easier for you to qualify for a loan if you have the deed physically with you. You can get the copy of the deed at the county recorder's office.
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