Posted on: 04th Mar, 2013 01:22 am
Will it be a good option to add my wife to the mortgage?
Hi Guest,
If you add your wife to the mortgage, she will also become responsible for the loan payments. If she can afford that then it will be a good option to add her to the mortgage. Apart from that, you should also note that in order to add her to the mortgage, you will also have to add her to the property deed.
Thanks,
Jerry
If you add your wife to the mortgage, she will also become responsible for the loan payments. If she can afford that then it will be a good option to add her to the mortgage. Apart from that, you should also note that in order to add her to the mortgage, you will also have to add her to the property deed.
Thanks,
Jerry
hi guest!
welcome to the forums!
it can be a good option to add your wife to the mortgage as she will be able to share the mortgage payments along with you. however, she will have to meet all the required criteria of the lender in order to be on the mortgage. you will have to refinance the existing mortgage to add her to it.
feel free to ask if you've further queries.
sussane
welcome to the forums!
it can be a good option to add your wife to the mortgage as she will be able to share the mortgage payments along with you. however, she will have to meet all the required criteria of the lender in order to be on the mortgage. you will have to refinance the existing mortgage to add her to it.
feel free to ask if you've further queries.
sussane
You could add your wife to the mortgage, but remember then she'll be responsible for the payments. Go for a refinance if you're seriously looking to add her.
Yes, it is a good option to add your wife to the mortgage loan. When you do this, she'll be equally responsible for the loan payments. Besides this, when you add her to the mortgage loan, you will also have to add her to the property deed.