Posted on: 07th Aug, 2010 05:57 pm
I am buying a home and can qualify for the mortgage on my own. My boyfriend is giving me one third of the downpayment and will help with the mortgage payment but does not have the credit rating I have. So, Can I get the mortgage in my name and still add him to the deed?
Welcome eagli,
You can get the mortgage in your name and then add both the names to the property deed. This will make both of you the owners of the property and will have equal ownership to the property.
You can get the mortgage in your name and then add both the names to the property deed. This will make both of you the owners of the property and will have equal ownership to the property.
Yes, you would have dual ownership of the home.
