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Updated over 1 year ago on . Most recent reply

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7
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1
Votes
Jake Long
1
Votes |
7
Posts

Putting only one partner's name on the mortgage?

Jake Long
Posted

Hi BP, 

I was wondering if anyone here has experience partnering with someone but only financing under one person's name? I am asking if this is possible so that a partnership could theoretically have 20 conventional loans instead of 10, and if both names could still be on the title of the property.


Please let me know your thoughts and advice, or if I'm not providing enough information.


Thank you!

Most Popular Reply

User Stats

25
Posts
6
Votes
Frank Preciado
  • Lender
  • Phoenix, AZ
6
Votes |
25
Posts
Frank Preciado
  • Lender
  • Phoenix, AZ
Replied

If you are using conventional financing, that should not be an issue. You can have only one person on the loan but both be on title. How many financed properties are you and your partner currently at?

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