Question by KTL: Can you add a spouse to the mortgage within months of refinancing under one name?
My fiance recently refinanced the house we have been living in for 3 years. He bought it right before we met. He got a great rate and we are saving a ton on the mortgage. We are getting married in a few months and we are hearing from other people that we may not be able to add my name to the mortgage w/out refinancing? but he just did? Does this mean we have to wait for my name to go onto the mortgage or are there other options?
Answer by anniewog
He can add you to the deed. It is not necessary to be on the loan. And I would suggest you look at all the penalties you might get yourself into if you do refinance in such a short time. All the fees and the pre-payment penalty.
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