There is a house that is co-owned by two people (unmarried, both names on mortgage and deed). I am trying to find out if Co-Owner #1 can get a [url=http://www.mortgagefit.com/home-equity.html]home equity loan[/url] without informing/telling Co-Owner #2.
If this is possible, how would Co-Owner #2 figure out what loans or lines of credit have been taken out with the house as collateral.
Thanks for your help. This is a messy situation.... :(