In a common-law state, you can apply for a mortgage without your spouse. Your lender won’t be able to consider your spouse’s financial circumstances or credit while determining your eligibility. If you and your partner were to split up, the home would be yours alone; you wouldn’t have to split it with your spouse.

Can I buy a house alone while married in community of property?

Both spouses can acquire immovable property separately and in their own names or they may purchase property together as co-owners. However when the property is sold or mortgaged the spouse who is the registered owner will require the assistance of the other spouse.

Can I take out a loan for my husband?

While you can take out joint loans with your spouse, you can still apply for loans in only your own name. However, you won’t be able to add your spouse’s name to the loan later if you change your mind.

What happens if you buy a house with your spouse?

If you’re buying the home while you’re married, then your spouse will own 50% of the home. If you don’t live in a community property state, you live in a common-law state.

Can a wife own a portion of a house?

Any property purchased during the marriage is marital property, therefore you’re wife owns a portion of that house even if it was purchased solely under your name. My preliminary answer to your question is based on the limited information you have provided and should be used as guidance not legal advice.

Can a married person buy a house without their spouse?

Depending on your location, it’s possible for a married person to buy a house without their spouse. Here’s how.

Can a home that was purchased before marriage be divided?

General Rule. A home that was purchased prior to the marriage and owned by one spouse is generally considered separate property and is not subject to division. However, there are exceptions to this rule.