Ask Experts Questions for FREE Help !
Ask
    rarachic's Avatar
    rarachic Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 23, 2003, 07:40 AM
    Name on Mortgage vs. Name on Title
    We are getting ready to buy a house and because one of us has poor credit, the mortgage will only be in one of our names. In a case like this, is it possible to list both people on the title?

    Thanks
    kkemper's Avatar
    kkemper Posts: 29, Reputation: 1
    New Member
    		  
    #2

    May 17, 2004, 11:51 PM
    Re: Name on Mortgage vs. Name on Title
    I am going through this exact thing too. I have good credit
    And a friend does not. HE paid for a partnership.

    I will add his name to the deed only the day after the deed is filed with the county. In short, the deed will be listed
    2 times, one with my name only and the 2nd time with his
    Name on it.

    THis has to be done carefully so as not to alarm the mortgage company.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Getting out of mortgage to move [ 2 Answers ]

My name is john wilt sr, my family and I want to move out of state June 2007 but we still owe on a mortgage trying to find answer to this how do I move and not owe nothing,

Mortgage [ 1 Answers ]

I want to add my friend to my mortgage loan. How do I do this?

Home mortgage [ 4 Answers ]

My husband and I purchased a home at the beginning of December. We financed the home with an 80-15-5 mortgage. The term is 30 years. Fifteen percent of the mortgage is through a home equity loan in the amount of 25K. I received a coupon booklet for the payments and the payments are $89 per...

Mortgage [ 1 Answers ]

What will my payment be like on a 80/20 interest loan @7%?

Invest or pay off mortgage [ 1 Answers ]

Situation Owe 118,000 on mortgage at 5% interest rate on 10 year term. Want to buy a new house that is worth 280,000. Current house will sell for 200,000. Should I pay current mortgage off in the next 3 to 4 years and cut back on investments. Or should I sell now keep investing put new house...

View more questions Search