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Old 10-15-2003, 01:40 PM
sharon richmond
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home equity loans

michgan we bought a home 10 yrs ago. the title is in my husbands name. my credit was bad. mortgage co had me sign papers after his credit went through. now my husband went for a home equity loan in his name only. the bank tells us i have to sign papers too for him to get the loan. its a law?! is it? i told them i didnt want to but idid end up signing them. now they say they need to contact their legal services to see if my name can be left off the loan. my credit is still shabby. so they lied first time around? will he be able to get a loan alone? thanks.
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Old 10-16-2003, 12:09 AM
rachelb
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You need to contact a credit counselor to offer you advice.
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Old 10-16-2003, 10:47 AM
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Join Date: May 2000
Location: Catatonic State
Posts: 75,781

Re: home equity loans

Quote:
Originally posted by sharon richmond
michgan we bought a home 10 yrs ago. the title is in my husbands name. my credit was bad. mortgage co had me sign papers after his credit went through. now my husband went for a home equity loan in his name only. the bank tells us i have to sign papers too for him to get the loan. its a law?! is it? i told them i didnt want to but idid end up signing them. now they say they need to contact their legal services to see if my name can be left off the loan. my credit is still shabby. so they lied first time around? will he be able to get a loan alone? thanks.
**A: will he be able to get a loan alone? Call the loan ranger.
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