Equity Loan

[pramos]

My wife has been told that my signature is required in order for her to process a new mortgage at a lower interest rate, although the home was owned by her prior to our marraige and she qualifies for the mortgage based on her salary alone. Is this a legal requirement?

 

[HomeGuru]

Is the property and mortgage currently in only her name?
If not or if so, it could be the lender's requirement.

 

[pramos]

Neither mortgage nor deed has me listed...I gather that this a requirement of the lender...thanks for your insight!

 

[HomeGuru]

ok.