shumaker8888
Junior Member
What is the name of your state (only U.S. law)? IL
I am separating from my husband after 14 yrs of marriage. I went to buy another house but had to add him to the deed so I could purchase it with the equity of our house together. He was ok with that but my payment is extremely high. I don't want to rush into a divorce right now, wanted time to think, but I need to get my payment down. The bank told me the only way I could get a mortgage loan on this house it to take my name off of our house together. If I take my name off our house together, does that mean I am not entitled to half if we do get a divorce?
Thanks so much for your help!
I am separating from my husband after 14 yrs of marriage. I went to buy another house but had to add him to the deed so I could purchase it with the equity of our house together. He was ok with that but my payment is extremely high. I don't want to rush into a divorce right now, wanted time to think, but I need to get my payment down. The bank told me the only way I could get a mortgage loan on this house it to take my name off of our house together. If I take my name off our house together, does that mean I am not entitled to half if we do get a divorce?
Thanks so much for your help!