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Finance Bros: Explain Deed In Husband's Name & Mortgage Under Both H & W
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Date: January 1st, 2026 1:29 PM Author: ...,,..;...,,..,..,...,,,;.., jew couple i know what is recently married. looked at the pub records. they bought a house and the deed is in the husband's name only. but the mortgage is in both their names.
for better or worse, i assume the deed is in his name bc his parents helped him with the down payment.
why she be on the mortgage tho? is this something the lenders require for a married couple? is he fucking her over? why would the bank even allow a debtor to NOT be on the deed? |
Date: January 1st, 2026 2:00 PM Author: Judas Jones lol, I hope he's jewing her on this. (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554308) |
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Date: January 1st, 2026 2:04 PM Author: ...,,..;...,,..,..,...,,,;.., im trying to figure out how. she has a baby and "works" 10 hrs a week at a minimum wage jewish job. it's not like she's paying off the mortgage with her income (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554328) |
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Date: January 1st, 2026 2:05 PM Author: Marshall W. Waller How do you know the mortgage is in both their names? (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554335) |
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Date: January 1st, 2026 2:07 PM Author: ...,,..;...,,..,..,...,,,;.., in their county (in most counties/states too?), mortgages are public record and are searchable online. one can get a pdf of the promissory note (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554347) |
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Date: January 1st, 2026 2:21 PM Author: Marshall W. Waller Definitely unusual. It’s probably pre-nup or estate planning reasons. It would make sense if she is much more wealthy than him and he gets the house in a divorce. Also could be the reverse if she has creditors but income necessary to qualify for the loan. (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554406) |
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Date: January 1st, 2026 2:05 PM Author: Marshall W. Waller lol, my ex-wife was on the deed and not the mortgage (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554343) |
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Date: January 1st, 2026 2:25 PM Author: woah (hitler did nothing wrong) Did he own before the wedding? Same sitch for me, bought before I met my wife and her name got on the mortgage when we refinanced during covid. (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554418) |
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Date: January 1st, 2026 2:28 PM Author: ...,,..;...,,..,..,...,,,;.., nope, purchased after the marriage. this isnt a refi - original mortgage.
even for a refi, not sure why would the lender allow this |
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Date: January 1st, 2026 2:53 PM Author: Ass Sunstein What's the downside to the lender for having the wife's name on the mortgage? They have one more person they can go after to get paid. (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554516) |
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Date: January 1st, 2026 2:58 PM Author: ...,,..;...,,..,..,...,,,;.., good point. i'm trying to see the other side. maybe it's harder to foreclose on the property if neither pay and she's not on the property? i dunno (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49554526) |
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Date: January 1st, 2026 6:46 PM Author: OldHLSDude If she doesn't have a marital interest (see below) the loan to her seems unsecured and could be discharged in bankruptcy. (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49555014) |
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Date: January 1st, 2026 6:44 PM Author: OldHLSDude This can happen, but I'm guessing most banks would not go along with it. I suppose if you're a private banking client and they intend it to be a portfolio loan they might allow it. Husband owns the house and wife is in the position of being a co-signer on the note. She can be liable without having any ownership interest in the house. HOWEVER, in most states, whether community property or not, she, as spouse, will have a marital interest in the house. So unless it's a weird state, or she has signed a dower waiver or quit claimed it to the husband, or there is an enforceable pre-nup, she will own part of the house anyway. If I were a buyer I would not want to take title until I had her signature or otherwise got an iron clad assurance she didn't own part of it. Belt and suspenders requires a transfer document of whatever interest she may have, typically a quit claim at least. If she has already quit claimed it to husband or waived dower that is probably enough unless there is reason to suspect monkey business. (http://www.autoadmit.com/thread.php?thread_id=5816054&forum_id=2#49555009) |