Can a spouse not be a co-borrower on a mortgage?

Answer A single spouse can purchase a home with her own credit for any reason. This is popular in relationships in which one spouse has bad credit or prefers to preserve credit by not taking on any liabi... Read More »

Top Q&A For: Can a spouse not be a co-borrower on a mortgage

What Are the Qualifications of a Co-Borrower on a Mortgage?

The term "co-borrower" refers to joint applicants on a mortgage application. A young borrower may have a parent serve as a co-borrower on a Federal Housing Administration (FHA) loan until he establ... Read More »

How to Calculate a Borrower's Salary for Mortgage?

Figuring income for a mortgage is one of the most important aspects of determining if a borrower can afford to make the monthly payments. If a person does not have enough documented income in order... Read More »

If a car is stolen and it is still being paid for and the borrower does not have insurance on it but the bank has liability does the borrower still have to pay off the loan?

Just as with any other cost of doing business, When the expense is incurred in the course of production or service then those costs should be included in expenses.

How do I add a spouse to a mortgage?

Contact the LenderContact your mortgage lien holder to obtain the requirements for adding a spouse to a mortgage loan. Each lender has a different set of criteria (and in some cases consequences) f... Read More »