Can I Get A Home Equity Loan If My Name Is On The Title?
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on Friday, May 22nd, 2009 at 2:52 pm and is filed under Home Equity Loan Q&A.
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First, there is no reason you couldn’t have been on the loan the first time. Your husband would have been the primary wage-earner, but you could still have been on there. Not sure what happened there.
As for now, the only way I know of that you could do this is by using a power of attorney for your husband. Most lenders however, will only accept this if he is out of the country for military purposes.
Of course, sometimes, if you apply for a Home Equity Line of Credit through your current mortgage company, you may not even need to sign papers. You just apply online or something and they open it up for you.