gov/idapp/html/hicostlook.cfm Non-Purchasing Spouses Question 47: Can a non-purchasing spouse be added to title at closing?
ONLY if required by state law in order to perfect a valid and enforceable first lien. In some states, the non-purchasing spouse may be required to either sign the security instruments or documentation evidencing that he or she is relinquishing all rights to the property. Reference HUD Handbook 4155.1, 4.A.5.a. Effective with FHA Case numbers assigned on or after January 1, 2009, ML 2008-40 allows a non-applicant individual (who has an ownership interest in the property) to take ownership interest in the property at settlement without executing the mortgage note and mortgage, deed of trust or security deed. The guideline is applicable to refinances and purchase transactions. Reference: ML 2008-40.
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- gov/idapp/html/hicostlook.cfm Non-Purchasing Spouses Question 47: Can a non-purchasing spouse be added to title at closing?
