can both spouses be listed on the title of a home in RI if only one spouse holds the mortgage?

Asked by Rosie, 30097 Mon Aug 29, 2011

My husband has excellent credit and very little debt and I have good credit but a higher debt to income ratio b/c of this only my husband is one the mortgage for our new home. Can we both be on the title for our new home even though I am not on the mortage?

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Caroline Choi, Agent, Los Angeles, CA
Mon Aug 29, 2011
Check with your lender to see if they feel comfortable doing that. It may also depend on how you end up taking title with both names under it. I have seen a few instances where the lender has allowed it, but since it's transaction-specific, I would ask your lender if that's ok. Best of luck, Caroline
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