If I am married are there any advantages/disadvantages to putting the house in one's name or both?


If you are MARRIED it is usually best to (if possible) buy properties in only 1 persons name. This of course means you can only use the income from that 1 spouse to qualify. The advantages are that EACH of you can buy a property, and the debt wont be counted against both of you on credit reports, or for lending restrictions.

Knowledge Tags: Credit, Financing, Loan