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

    Oct 20, 2011, 07:10 AM
    Holding a Mortgage
    Are there age limitations for someone to hold a mortgage? What if homeowner is under 18?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Oct 20, 2011, 07:16 AM
    In most states children under 18 can't legally sign a contract. So the person would need a parent/guardian to sign on his behalf.
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