As the title states my boyfriend wants me to go through the mortgage process with him and be on the mortgage, which I am not against, but his mother has told him I shouldn’t be on the deed since we aren’t married.
To my understanding this would mean I would be responsible for mortgage payments, but would not have any claim of equity in the house. Is there a way for me to retain some claim to the equity I am also contributing, or is it simply not a smart idea to agree to a mortgage and not be titled on the deed.
To me it doesn’t seem smart or fair on my part, but if there is a way to protect myself and the equity I put into the house I’m certainly not opposed to being on the mortgage.
Any helpful insight or recommendations are appreciated.
Written By: disappearingdeer
Source: http://bit.ly/2GbjQVt
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