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Wednesday, 27 March 2019

My husband and I are in the process of buying a house, but my name is not going to be on the mortgage because I'm in the process of rebuilding credit. What do i need to do to protect my legal rights?

We will bill making all payments, payments of fees, etc. from joint bank accounts. We both work, even though I am a full time student, and he makes roughly 250% of what I do. After I graduate (in three years), I will be the primary breadwinner, bringing home substantially more than him.

Edit: We are located in Mississippi. We are using a USDA rural development loan for first time homebuyers. My credit score would have caused our rate to be significantly higher, and my husband pre-qualified for more than we wanted to spend on his own - hence my not being on the mortgage.



Written By: CheesePlease0808
Source: https://ift.tt/2Fv6WjA

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