If my husband and I are both on the title for our house can he get a mortgage alone? Neither of us have had any credit trouble and I don't want the mortgage interfering with my financial aid for school.
When two people own a property, it is possible for only one of them to borrow money, secured by that property, but the lender would get the other owner to sign the security agreement. This means those who won't be on the loan acknowledge that they don't have liability on the loan and won't have to repay it, but that if it isn't repaid they have given up their ownership. This allows the lender to foreclose and sell the property.
This doesn't mean a lender would make a loan like this, but generally they could. It is their choice, depending on the qualifications of the borrower. State laws vary and that could affect this deal as well.
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When two people own a property, it is possible for only one of them to borrow money, secured by that property, but the lender would get the other owner to sign the security agreement. This means those who won't be on the 