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I got a mortgage with just myself as the signer. And this was with a major bank; nothing shady or weird. Since my wife is on the title, all she had to sign was
by jdmichal 10y ago
I got a mortgage with just myself as the signer. And this was with a major bank; nothing shady or weird. Since my wife is on the title, all she had to sign was a single page indicating that she was allowing her half of the property interest into the mortgage. But my income and credit were enough to completely support the mortgage we got, so that's what we went with.
- cmdrfred 10y agoMy fiance got our house for us. It's in her name until we refinance in a few years and my credit is better.
- deleted 10y ago[deleted]
- avasylev 10y agoI did the same, with me as only applicant, mostly because it was slightly less paperwork. One possible drawback is that you can't count two incomes, just the applicant income. Though "affordability limit" that bank calculates (at least in my experience) is very stretched, I wouldn't be able to pay the max bank was ready to loan.