In the state of va. Can you bee on a deed to a house but not the loan?

It's colnceivable under certain circumstances. Why?

The way I understand it, if you are on the loan, you are responsible to the bank for the money owed.

The deed is simply a statement of who owns the house.


For example, if I wanted to buy a house, but didn't qualify for a loan, I cuold get a co signer, like my brother. He would be on the LOAN. But I would be the only owner on the DEED.

I hope I got that right. ;) that's how it was explained to me when I applied for a home loan and got turned down

it's colnceivable under certain circumstances. Why?

I was told by my boyfriend that I putt 5000.00 down on the house because I wasn't on the loan(my credit was not as good as his so the itrest rate would have been higher). That my name could not be on the deed even thoe I pay half the mortgage every month.

i was told by my boyfriend that i putt 5000.00 down on the house because i wasnt on the loan(my credit was not as good as his so the itrest rate would have been higher). That my name could not be on the deed even thoe i pay half the morgage every month.

When your relationship is over you essentially will have a very questionable claim to what you have paid. At the very least you need a contract to specify what he will owe you.

That's one reason for marriage: if it doesn't work out a divorce court will adjust the equities.