Browse Our Site:
Search Mortgage Library:
Types Of Mortgage Loans Mortgage Lender Directory  +  Mortgage Calculators  +  Mortgage (ARM) Indexes Mortgage Market Survey
+ Find The Best Mortgage + Ask A Mortgage Related Question  +  Articles And Publications  +  Mortgage Glossary + Search Mortgage Rates +
Credit Grade Guide Historical Mortgage Index Data  +  Historical Mortgage Rate Data  +  Home Interest Rate Trends

Creative Financing

Mortgage Library: Ask a Mortgage Related Question: Answers: Creative Financing


I am looking to purchase a 47,000 home in Beverly Hills, Florida. I have 45,000 in the bank and 5,500 in a land holding company. My husband is retired and receives a guaranteed income of 3,000 per month from SS and Pension. There are two problems here. I do not want my husbands name on the deed because of a very bad divorce and credit problems because of it. My credit is ok! I am willing to put 20% down. What type of creative financing can we do? I am also self employed but have only just started this business.

Thank You

K. S.
Beverly Hills


The answer to your question is yes you can buy a house without putting your husband's name on the mortgage. But he has to sign a memorandum stating that he doesn't want any thing to do with the property.


Margaret Hill

Mortgage Lender Directory + Find The Best Mortgage + Search Mortgage Rates

Mortgage-Related Questions Answered

Mortgage professionals are welcome to participate!
Home  +  About Us  +  Contact Us  +  Disclaimer  +  Privacy Policy
Mortgage-X is an independent information service and is not affiliated with any lending institution.
Copyright 1998-2017
All Rights Reserved