A spouse has to be on the mortgage, but not the note. The mortgage gives the permission for a loan to be taken out on the property. This law was passed a long time ago to protect women from their husbands selling the house without her knowledge. The mortgage does not financially obligate you, that is the note. As long as your spouse qualifies with only his or her income, the other spouse does not have to be on the note. The note is what financialy obligates you. I hope I have explained this well enough for you, if not , please give me a call.
Armor Realty of Tallahassee, Inc.