Can I Get A Home Equity Loan Without My Spouses Signature?

Did you know that Home Equity Loans using the home as collateral are granted only to a homeowner and a person whose name is on the house deed?

Home equity loans are granted to the actual owners of a house. Usually, a husband and wife have both of their names on the house deed. Can I Get A Home Equity Loan Without My Spouses Signature? The person or persons who have their signatures on the house deed must sign the papers requesting the Home Equity Loan.




How Can A Home Equity Loan Be Granted Against a Home With Multiple Owners?

Very often, a house might be purchased using the money from a few members of a family. Each person must sign the deed individually, as co-owners of the house. Can I Get A Home Equity Loan Without My Spouses Signature? If your spouse is also a co-owner of the house, the loan cannot be granted.

Can I Get A Home Equity Loan Without My Spouses Signature?

It might be possible to get the loan without the signature of a spouse, if you bought out your spouse’s share of the home. This way, only your name will remain on the deed of the house. Can I Get A Home Equity Loan Without My Spouses Signature? If you are no longer living with your spouse, and the spouse agrees to have their name legally removed from the deed and mortgage contract you could be able to get the Home Equity Loan only in your name.

How Can I Get a Spouse’s Name Removed as Owner of a House?

Locate a lawyer who specializes in real estate. Explain the situation. Ask the attorney to draw up legal papers removing your spouse as a part-owner of the house. Make certain that your spouse is with you when you go to the lawyer. Can I Get A Home Equity Loan Without My Spouses Signature? The only way you can get a Home Equity Loan without a spouse’s signature is if they sign papers that legally resolve all of their financial obligations and relinquish part ownership of the home. You most likely will have to buy-out your spouse’s share of the house.

Related posts:

  1. Can I Get A Home Equity Loan Right After Buying My House?
  2. If I Am Turned Down For A Home Equity Loan, Do I Have Other Options?
  3. How Do I Get A Home Equity Loan With Bad Credit?
  4. How Does A Home Equity Loan Work?
  5. Should I Get A Home Equity Loan Or Line Of Credit?



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