FAQs

I do not want my husband/wife on any documents. (Community property state).

Anytime a home is purchased after a marriage in a community property state, the spouse automatically owns half of it. So because the property is in a community property state, a spouse is required to sign three specific documents in the closing package. These are known as the Deed of Trust, Notice of Right to Cancel (Rescission) and Closing Disclosure. By having your non-borrowing spouse sign these documents, they are merely acknowledging their awareness of a mortgage on the house. Your spouse will not be on the loan as their name will not be on the promissory note which is the document that denotes a promise to pay back the loan amount that was borrowed.