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Re: Can I buy a property with a conventional loan as a married person who might not get interspousal transfer deed?

April 05, 2017 08:00AM
Thanks for your reply. Yes, I'm in a community property state. Since posting this I've confirmed what you said. Several lawyers indicate that so long as I can prove they were sole and separate, non-commingled funds, i should be ok protecting my interest in the property. From a loan standpoint, I've heard from a couple lenders that If I have my co-signor put on title (and optionally myself) but do not attempt to owner occupy the property (though my co-signor can), that I wouldn't have to get an interspousal transfer of interest agreement signed in the escrow process as a precondition for either funding or the escrow closing. Does anyone else have experience or knowledge which corraborates this or qualifies it? Many thanks for any insights...
Subject Author Views Posted

Can I buy a property with a conventional loan as a married person who might not get interspousal transfer deed?

escharff 208 April 03, 2017 11:49PM

Re: Can I buy a property with a conventional loan as a married person who might not get interspousal transfer deed?

Bill H 165 April 04, 2017 09:32PM

Re: Can I buy a property with a conventional loan as a married person who might not get interspousal transfer deed?

escharff 174 April 05, 2017 08:00AM



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