What Unmarried buyers should know
With interest rates low, many people have decided now is a good time to buy a home. There are some things to be aware of and legal protections to have in place if you are unmarried and purchasing a home with a partner. Take a moment to review the information below, and then contact us with your questions and to get pre-approved. There are a few things unmarried couples purchasing a home together should plan for such as: whose names will go on the mortgage and the title, how to list ownership (sole ownership, joint tenancy or tenants in common), survivor rights (state property rights dictate property inheritance, but what happens if you’re not married?). Visit this helpful page for more information and related links. If you have any questions or need a pre-approval*, please call Fairway Independent Mortgage and we can talk you through the process. A pre-approval is not an approval of credit and does not signify that underwriting requirements have been met.