Forgotten Your Password?

Need to Register?

Question Icon

Can I buy a home before my divorce is finalized and only have my name on the loan?

by sameah931 from Hermosa Beach, California. 27 days ago Reply


Yes it is possible as long as your current spouse will agree to sign a quit claim deed

27 days ago
1
0
Gus Jaleel (XceptionalMortgage)
#420 ranked lender in California - 3 contributions

Yes you can as long as the spouse signs a quitclaim deed for you because you are married as of nowcall me to discuss 858-395-4395

27 days ago
1
0
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,670 contributions

Yes,it is possible - but remember, UNTIL you are divorced, you ARE MARRIED. If at all possible, avoid buying a home until a divorce is final for a hassle free transaction.

24 days ago
1
0
William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,294 contributions

More info needed, but the short answer is yes.. If you go FHA, VA, USDA, then your spouse will need to sign a disclaimer deed.. if you go conventional, then it's not required.. but regardless of which way you go, you cannot use the ex's income for qualifying.. and with government loans, even if the spouse is not on the loan, the lender will require their credit report and any of the ex's debt that does not show on your report, will have to be added to your debt for qualifying purposes.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

23 days ago
1
0
Subscribe to our news feed.