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WHO IS CONSIDERED AS BORROWER

Posted on: 03rd Aug, 2010 12:26 pm
I am so confused with my loan situation. Please help!!!My house is currently on foreclosure process with no sale date set yet. On the mortgage statement and promissory note, it showed my name only with my signature on it. My husband on the other hand is on the title and deed of trust. Now, what confuses me the most is that my husband's name is written on the Final Settlement Statement. Is he also considered as borrower? Will his credit get ruined if my house gets foreclosed on. Thank you very much for your help on this.
Hi lucia_mankong,

Your query has been answered in the given page:
http://www.mortgagefit.com/predeal/about41788.html

Take a look at it. Hope it helps you.
Posted on: 03rd Aug, 2010 08:37 pm
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