I am the second person on mortgage
2006-09-02 01:43:50 · 13 answers · asked by Anonymous in Business & Finance ➔ Investing
I do not understand your question.
2006-09-02 02:12:44 · answer #1 · answered by SweetBrunette 5 · 0⤊ 0⤋
What do you mean? Take out an additional mortgage? I don't think he can "add" to the present mortgage without your signature unless you've given him Power of Attorney, which I wouldn't do; Why so many mortgages? Something smells rotten in Denmark, if you ask me...
2006-09-02 04:18:55 · answer #2 · answered by sweet ivy lyn 5 · 0⤊ 0⤋
If the property is in both of your names, you would have to sign in order for an additional mortgage to be added to the title.
In some cases I have seen banks or local credit unions issue a signature loan as a line of credit. But it can not be a true 2nd mortgage unless both parties have signed.
2006-09-03 19:38:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If the mortgage is in your sole name NO ONE can add to it without your signature of written authority. (Look out for forged signature though)
2006-09-04 10:39:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Depends on the nature of the mortgage. The important thing is the fact that you ask. I shows you are not comfortable! Anything that gives sleepless nights is not worth having. It absorbs a lot of your energy. "Lord give me the courage to change what can be changed: the patience to accept what cannot be change and the wisdom to know the difference!"
2006-09-02 01:56:27 · answer #5 · answered by Tom Cat 4 · 0⤊ 0⤋
Your joint mortgage could not be increased without your signature (or forged signature).
2006-09-02 14:48:56 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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2016-12-06 03:42:17 · answer #7 · answered by bockoven 3 · 0⤊ 0⤋
No, if the mortgage is in your name then only you can make changes to it.
2006-09-02 02:24:45 · answer #8 · answered by clakkie 1 · 0⤊ 0⤋
Not if the mortgage is in joint names
2006-09-02 01:50:15 · answer #9 · answered by SunnyDays 5 · 0⤊ 0⤋
if in joint names no, if he has already he has forged your signature. This happens all the time so be wary.
2006-09-02 22:45:16 · answer #10 · answered by jtun23 2 · 0⤊ 0⤋
Only by forging your signature and that's fraud.
2006-09-02 15:37:59 · answer #11 · answered by CeeVee 3 · 0⤊ 0⤋