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I just read a complaint on facebook - a single woman says when she signed for her mortgage she had to sign a statement that she was a single woman and that her parents were not signing with her. She says single women are asked to do this, but single men are not.
When I bought a house as a single woman (in a different state) I was not asked to sign anything like that.
Are there states that actually have this requirement?
Did her parents gift her money? I suspect they did and it was probably required by the mortgage company, stating that they do not have any rights to the house.
I just read a complaint on facebook - a single woman says when she signed for her mortgage she had to sign a statement that she was a single woman and that her parents were not signing with her. She says single women are asked to do this, but single men are not.
When I bought a house as a single woman (in a different state) I was not asked to sign anything like that.
Are there states that actually have this requirement?
Women used to not be able to get credit in their own name. I remember my mom getting her very first credit card that was for Mary Smith and not Mrs. John Smith. I am guessing there was something similar with mortgages? I do know that for my very first mortgage in the 1990s, I was listed as a spinster since I was a single woman. No idea if they used any term like that for men but I doubt it.
I just read a complaint on facebook - a single woman says when she signed for her mortgage she had to sign a statement that she was a single woman and that her parents were not signing with her. She says single women are asked to do this, but single men are not.
When I bought a house as a single woman (in a different state) I was not asked to sign anything like that.
Are there states that actually have this requirement?
Are you sure she is not replacing unmarried with single? Can she produce a copy of the document or at least type the text word for word. My guess is she is misinterpreting something.
I had something similar when I refinanced my current house. I had to show my divorce papers, which was bizarre to me because we have been divorced over 10 years and share no children together, so it was not like I was proving he paid child support.
I had something similar when I refinanced my current house. I had to show my divorce papers, which was bizarre to me because we have been divorced over 10 years and share no children together, so it was not like I was proving he paid child support.
A few years after my sister divorced, her husband somehow took out a loan on her house. I suppose they just wanted to be very sure there was no spouse who might show up later.
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