Posted on: 07th Aug, 2010 12:05 pm
My mother has a mortgage for which she is trying to get a loan modification. My name is on the deed, but not the mortgage. If they foreclose on her property, will it affect me? Will I still be able to buy a home?
Welcome JESSIJAMES,
As your name is not on the mortgage docs, your credit won't be affected if the property is foreclosed by the lender.
As your name is not on the mortgage docs, your credit won't be affected if the property is foreclosed by the lender.