Posted on: 10th Mar, 2010 06:07 am
being in the title if my ex wife stop paying the mortgage will affect my credit?
Hi ernei,
Being on the title does not make you responsible for the home loan. You are responsible to make mortgage payments only if you co-borrow or co-sign on the loan. Thus, if your ex-wife stops making the monthly payments, it will not affect your credit.
Being on the title does not make you responsible for the home loan. You are responsible to make mortgage payments only if you co-borrow or co-sign on the loan. Thus, if your ex-wife stops making the monthly payments, it will not affect your credit.