Posted on: 17th Jan, 2011 02:18 pm
my husband name is on the property title but not on the home mortgage loan and im doing a short sale on my home how will that effect my husbands credit report he is ONLY on the Property TITLE not ON the LOAN. I am Default on my mortgage payments that is why iam doing the short sale. But i dont want it to effect my husband credit he is only on the title
Hi shynna!
Welcome to forums!
Your husband's credit will not be affected due to the short sale as his name is not mentioned on the mortgage docs. Moreover, the lender won't come after your husband in order to recover his dues.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Your husband's credit will not be affected due to the short sale as his name is not mentioned on the mortgage docs. Moreover, the lender won't come after your husband in order to recover his dues.
Feel free to ask if you've further queries.
Sussane