Legal Question in Credit and Debt Law in Florida
marriage and properties
we want to get married and then buy a house, my credit is not good, his is very good can we keep the property in his name morgage and deed or are they going to check my credit and prolong the loan
Asked on 12/26/07, 11:13 am
2 Answers from Attorneys
Matthew Z. Martell
Law Office of Matthew Z. Martell, P.A.
Re: marriage and properties
Yes, you can put the mortgage and deed in his name only. However, this means that the bank will not consider your income at all when calculating the interest rate. Also, you will have no ownership interest in the home. I recommend first hiring a credit repair company and trying to improve your credit scores. It takes some time, but it is probably easier than you think.
Answered on 12/26/07, 11:20 am
Stuart M. Address
Law Offices of Stuart M. Address, P.A.
Re: marriage and properties
if married, you can buy a house as an individual but the spouse will have to sign off.
Answered on 12/26/07, 2:18 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
