Well obviously you are only on the mortgage so the lender has basically an contractual arrangement only with YOU. So far so good, but then what happens to the home, you stay in it, you sell it, did both of you put money into the down payment ...... A good attorney knowing all the details and circumstances could be of some help to you....especially since you are saying that both of you are on the deed? What happens when you both have to
sign to sell the home? Careful, just be careful and get the advice from a good attorney, better some expenses
ahead of making a mistake.
Good Luck to you!
Edith YourRealtor4Life and Chicago and Northern Illinois / North Shore Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
Edith Always goes the X-tra Mile with a Smile for her clients!
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