Can I add my mother to my house deeds if I get the permission of my mortgage company, and also have her name added to the mortgage?
What is the chance the mortgage company would allow this?
The reason I want to do this is to help her consolidate her debts via a secured loan. Obviously she needs to be a "home owner" to get such a loan. Yes, I know that I will lose my house if she fails to pay and I have indeed considered this.
Thanks a lot for any input!
What is the chance the mortgage company would allow this?
The reason I want to do this is to help her consolidate her debts via a secured loan. Obviously she needs to be a "home owner" to get such a loan. Yes, I know that I will lose my house if she fails to pay and I have indeed considered this.
Thanks a lot for any input!