Posted on: 31st Mar, 2010 01:06 pm
Married and spouse is in the market to purchase a home in NC. It is my understanding that the spouse must be included on the loan and deed in the state of NC. Is this a true statement ?
Hi NICHELLEROBINSON,
North Carolina is not a community property state. In that case, it is not mandatory for the spouse to be on the property deed and on the mortgage. Either of the spouses can take a mortgage on the property.
Take care.
North Carolina is not a community property state. In that case, it is not mandatory for the spouse to be on the property deed and on the mortgage. Either of the spouses can take a mortgage on the property.
Take care.