Does a spouse automatically become liable for a mortgage loan?

Answer Only the spouse listed on the mortgage loan deed and the title of the house is liable for the mortgage debt. If your spouse is not listed on the mortgage debt, she is not liable for the loan.Source... Read More »

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If a spouse is in an auto accident where the other party was hurt is the other spouse liable as well?

Answer The driver is the one that would be charged if they were the cause of the accident. Anyone else in the car is not implicated.MarcyIf the question refers to financial liability such as both... Read More »

How to Become a Mortgage Loan Officer?

Loan officers help people procure loans for houses and businesses, among other things. Mortgage loan officers help people buy houses and other types of real estate. The education requirements can v... Read More »

How do I become a mortgage loan originator?

Complete Education RequirementsTake 20 hours of pre-licensure courses that cover topics such as federal laws, ethics and lending standards. Review the master catalog of approved courses available f... Read More »

Is my spouse or family liable for my debt?

Relatives are not liable for another relative’s debt unless they have co-signed the credit application. However, your spouse may be liable for your debt if you live in one of the 10 community pro... Read More »