Can my boyfriend and I both be on a home loan even though we aren't married?

My boyfriend and I have been together for 5 years now. We aren%26#039;t engaged or married because I just graduated college this year. We have been living in an apartment since I graduated and now we want to buy a home together. I am trying to get a pre-approval for a home loan and was wondering if my boyfriend and I can both be on the pre-approval and the home loan? I talked to a mortgage company to get my pre-approval today and jsut realized that they didn%26#039;t ask me to get any of his info even though I mentioned this. Do you ahve to be married to get a home loan together?

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

no, you dont have to be married

it%26#039;s considered a joint loan just like any other loan

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Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

You do not have to be married

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

You can get the loan together without being married. They will hav e to pull your credit separately and fill out 2 separate loan applications, but this won%26#039;t really mean anything to you as far as work level. It%26#039;s a bit more work for the mortgage company, but it%26#039;s not a big deal.

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

you sure can just be ready to pay for the whole loan when he knocks you up and bolts town.

I%26#039;m not kidding, I%26#039;m a guy and i see ladies put in this situation all the time.

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

You dont have to be married but consider the legal consequences of what a joint account will do if you should break up. Can either of you get the loan without each other? If not, maybe you are getting into a home that you cannot afford. Plan on a 15 year mortgage instead of a 30 year and each put 1/2 into the mortgage payment so that you know who owes what in the event of a breakup. If there is no breakup, you%26#039;ve got a debt free home in 15 years. If there is, it%26#039;s easier to refinance with more equity than debt for either of you. With nice tax deductions for married people, what%26#039;s stopping you from saying %26quot;I DO?%26quot;

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

The answer is YES. You can do the transaction but be sure that this is the person that you will be with for at least the term of the loan. If you break up, you will probably have to sell the place and split the money.

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

Yes you can, but think long and hard before doing it. Many couples later regret it.

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

You and Donald Trump can be on a home loan together if you wanted - as long as both of you are approved for the loan, and both sign for it. You don%26#039;t have to be married, engaged, or even know each other to be on a loan together.

The question is do you want to. As both of you are on the loan, you will both be held jointly and individually liable for the loan should anything happen. That means that if either of you decide to split, and the mortgage goes down the tubes, both of you will be held accountable for the resulting foreclosure. This is a little more of a commitment than just being boyfriend/girlfriend. Boyfriend and girlfriend can just break up and walk away anytime they want. Joint loan owners can%26#039;t.

Maybe a better idea would be for one of you to get the loan, and then the other sign a lease agreement (whoever isn%26#039;t going to be the primary owner). That way, you also know that that individual will be able to handle the loan on their own. You can always refinance down the road in both of your names as you become more sure about the relationship and get married (it is much more difficult to have someone removed from a loan than it is to add someone).

Matter of fact, in most states you wouldn%26#039;t even need to refinance - because the spouse is automatically part owner of the property.

Can my boyfriend and I both be on a home loan even though we aren%26#039;t married?

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