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putting down money for a house with just husband on mortgage


This is a discussion on putting down money for a house with just husband on mortgage within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; My mother holds cd account with the money I want to use as a down payment. She will not release ...


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Old 07-18-2008, 04:39 PM
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Default putting down money for a house with just husband on mortgage

My mother holds cd account with the money I want to use as a down payment. She will not release me the money unless she knows my portion of the house is safe. My husband will be on the mortgage but both of us will be on the title. Is that enough to secure my part of the house in the event of a divorse or death? We live in Ohio which I believe is a no fault divorce clause where each party gets 50% regardless the reason for divorce...HELP.


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