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Because of credit issues we are getting a home loan in my name only and putting both my and my husband’s names on the deed. When the credit issue is fixed, can we redo the loan to have my husband on the loan with mine? What is the process? Thank you

1 Thought on Mortgage loan in my name, both of us on deed?
  1. Reply
    Dixie Darlin'
    February 2, 2014 at 9:25 pm

    Yes you would have to refinance your your current loan, review your contract carefully, there are some companies that charge a penalty if the mortgage is paid off before a certain time period (example 5% if paid off before 36 months).

    Also after your husband’s credit is “fixed” make sure and re-establish
    good credit before applying for a refinance, you can save yourself thousands in interest payment alone.

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