QUESTION
By signing that, could it jeopardize or affect me getting my mortgage here?
Asked on Apr 28th, 2017 on Divorce - Florida
More details to this question:
My wife and I have decided to get a divorce but have not done so yet. She has been living in another state for a few months. I am in the process of buying a small home here based only on my income and credit. She is in the process on buying one in another state on her own. Since we are not yet separated or divorced, she needs me to sign her mortgage since we are still married only for the deed not responsible for mortgage.
2 ANSWERS
Social Security Disability Attorney serving Melbourne, FL
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Law Office of Robert E. McCall
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You have real problems. Some mortgage companies will require the Wife to sign all paperwork on your Florida home as you are not divorced; she will have a legal interest in your home until you are divorced.Whether or not you will have to sign her mortgage papers depends upon the law of the state she is in, same thing as to whether or not you have a legal interest in her home depends on the laws of her state.
Answered on Jul 26th, 2017 at 6:46 AM
Criminal Defense Attorney serving Deltona, FL
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R. Jason de Groot, P.A.
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Signing the mortgage means that you will be responsible for the mortgage, but in the divorce she should hold you harmless and indemnify you regarding the mortgage.
Answered on Jul 25th, 2017 at 9:16 AM