FHA loan and names on title?

[heydade]

Originally Posted by fresnochick

Not a very helpfull post but thanx.

Not that it's any of your business but we will be getting married soon, and him buying me a house is also his way for making up half the bs he has put me thru the last 8yrs. He knows the woman he has next to him and what i'm worth. As for his buddies they all agree that it's about time he grows up and settles down and that im the woman he should do it with.

it was all his idea to buy a house in the first place, not mine, he knows what he has and is ready to take care of it as a real man should.

LOL. Well good luck then. Remember...COMMUNICATION IS THE KEY to a long successfull marriage.

[ramnathan]

The title company is correct in that if you are not on the FHA loan you cannot be on title. FHA does not permit an individual to take an ownership interest (be on title) in the property at settlement witghout signing the mortgage note.

[TimtheGuy]

Originally Posted by ramnathan

The title company is correct in that if you are not on the FHA loan you cannot be on title. FHA does not permit an individual to take an ownership interest (be on title) in the property at settlement witghout signing the mortgage note.

This is the way I know it as well.

[Grey Hawk Layton]

Everyone should read the Four Agreements....
It the book it talks about NEVER ASSUME things!!!

[399083453]

Originally Posted by heydade

Not married and you guys are both on the title ?!? Yikes.

Marriage is a legal document. Boyfriend and girlfriend are not. Let's say he gets in a car accident tomorrow, you really want to fight it out with his hiers about the house?

Don't confuse your emotions and how stable you think your relationship is with the legal system. The legal system doesn't care.

[dragontales]

A spouse/gf/bf (that is not part of the FHA loan) cannot have his/her name added to the title at closing.

If you need to add a name later on you must refinance.