Posted on: 12th Apr, 2013 02:42 pm
I am getting a commercial loan, does my wife have to sign the mortgage
No, it's not necessary for your wife to sign the mortgage if the loan happens to be exclusively on your name. However, if your wife's name is on the loan papers along with yours, then she'll have to sign as a cosigner.
Hi bo,
It is not mandatory for your wife to be on the commercial loan. You can take it out solely in your name. However, in order to take out the loan, you will have to meet all the required criteria of the lender.
Thanks
It is not mandatory for your wife to be on the commercial loan. You can take it out solely in your name. However, in order to take out the loan, you will have to meet all the required criteria of the lender.
Thanks