Posted on: 11th Mar, 2011 06:31 am
Do I have to add my spouse to my title if I am applying for a mortgage in my name? I live in a community property state.
Hi thomaskar
Welcome to Mortgage fit,
If you are living in community property state then by default property is owned by the husband & wife and responsibility to pay-off the mortgage lies with both of them.
So you are advisable to add your spouse's name to the title.
DIPA
Welcome to Mortgage fit,
If you are living in community property state then by default property is owned by the husband & wife and responsibility to pay-off the mortgage lies with both of them.
So you are advisable to add your spouse's name to the title.
DIPA
lender will require spouse to be on title unless it is investment property