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    Golmedilla's Avatar
    Golmedilla Posts: 1, Reputation: 1
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    #1

    May 10, 2012, 02:53 PM
    Can I add someone who is already on the title in my mortgage?
    Both my mom and dad have both their names on the title of my house, but I am the note holder who pays solely pays the mortgage. Can I add my mom and/or dad to the mortgage, so the mortgage can reflect a dual income?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #2

    May 10, 2012, 02:57 PM
    Quote Originally Posted by Golmedilla View Post
    Both my mom and dad have both their names on the title of my house, but I am the note holder who pays solely pays the mortgage. Can I add my mom and/or dad to the mortgage, so the mortgage can reflect a dual income?
    No... the mortgage is a legal contract that is in effect... however if you do a refinance you could add their names at that time. Assuming you would qualify.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    May 10, 2012, 03:18 PM
    If you already have the mortgage then why do you think adding another income matters? And how did you get a mortgage that didn't include all owners.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #4

    May 10, 2012, 05:03 PM
    Quote Originally Posted by ScottGem View Post
    ... And how did you get a mortgage that didn't include all owners.

    Title is in your parents' name and yours? Was this the situation when the mortgage was written, or was title changed after the date of the mortgage?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #5

    May 10, 2012, 08:45 PM
    I am surprised the lender allowed this at closing, normally they want the people on the title to be on the loan, BUT, no you can not just add them, you will have to do a refi and have them added as part of the loan.
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