What you're worried about is what's called occupancy mortgage fraud correct?
Purchasing the home as an investment property could be the solution.
80% LTVs on Investment Property Purchases in FL are offering rates for qualified biyers in the 3s
Kinda confused, but maybe this will help.
Mom buyers property as Investment Property in her name. Then she does a Lease Option to you until you are divorced and then you refi / purchase all in your name.
Contact me at 2:00 tomorrow to go over more options.
888 662 4404
We are planning to divorce , that's why I dont want to have my name on the deed. I and my spouse dont have any properties, we are the first time buyers. He doesn't want to lose his first time buyer advantages since we are married.
We live in Florida.
I have an excellent credit history, already got pre-qualified, and found a property that i like.
What can i do in this situation?