Can I buy my husband’s income in a house so I have no income, but left his name on the mortgage?
My husband and I bought a house 4 years ago, but my name is not on the loan. I am eligible for the programs first time home buyer does not come back, because I’m staying home. I can back from my husband for a mortgage without his name on the loan obtained for the first time home buyers eligible? Is this legal? My name is not on its current credit score no credit at the time of purchase. (We’re still married) Just to clarify this …. the second mortgage will be paid by my husband and I realize that it is responsible for all expenses. However, we will do our current house for rent (additional revenue). The only reason we are trying to avoid his name may be “I” for a benefit of homeownership programs. After all …. I have not bought a house and why the possibility simply because they did not use my name be withheld on the first mortgage? (The house is looking for me, if something were to happen and it would be reversed with a second home) I’m not participate in any sort of fraud or illegal means to obtain a loan. I’ll be in “stated income” how to check one or two that you mentioned! Thanks for your help!