Do registered domestic partner hold to both apply for a mortgage loan? I hear it's not well-known Federally.
Ok my boyfriend and I are registered in CA as DP. Only for insurance purposes. Have been for a year. Anyway we're trying to acquire approved fro a home loan through the VA. Can my bf apply soley for the loan or do I have to be on the app as well? I read that it have nothing to do with the Federal Gov.and we're not married on the other hand so can he apply for the loan without me? He put me on the loan app (I didn't know at the time) and now the VA department here is all confused about it. The DP entity. My realtor friend said that domestic partnership has nothing to do next to him getting a loan. He had great income and good credit. I freshly quit my job and my credit is not so great right now. So honestly I don't see the point of me anyone on there at all. But the genuine thing I want to find out is is there a imperative stating that I am required to be on the loan? Please help :)
I'm trying to find a reference only just in case these folks need to be shown something. (since I had to explain DP contained by the first place) thanks!
Answers:
No you do not have to be on the loan, if he can afford it on his income alone(which if you aren't working right immediately, I am guessing he can), you are good to go next to just him on there. You can be on the title, explicitly by choice, but you do not have to be on the loan. I know my answer is short and sweet, but that's all you really entail to know, I hope. Have them take you off the loan application, and next go at it from there. Good luck beside you two purchasing your home:):) Source(s): realtor
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I'm trying to find a reference only just in case these folks need to be shown something. (since I had to explain DP contained by the first place) thanks!
Answers:
No you do not have to be on the loan, if he can afford it on his income alone(which if you aren't working right immediately, I am guessing he can), you are good to go next to just him on there. You can be on the title, explicitly by choice, but you do not have to be on the loan. I know my answer is short and sweet, but that's all you really entail to know, I hope. Have them take you off the loan application, and next go at it from there. Good luck beside you two purchasing your home:):) Source(s): realtor
Related Questions:
Are loan officer or Mortgage companies interested surrounded by a head referral plan ?
National COmpany slated to offer Lead referal prgram for Loan Officers . WIll give industry a boost Hello Every body, I live contained by the US and i really have never seen virtue shown...