Can someone add names to a home title without it causing an existing home equity loan to be called due?

March 31st, 2009 | by admin |
M.G. asked:


My sister has a house with her name only on the title and a home
equity loan with a line of credit. Now, she wants to add myself
and my brother to the title only and it will be a Joint Tenancy
Title. My brother feels that if I am listed on the title that it
will cause the loan to be called due because I am unemployed? Is
that right? M.G.

Can Vending Machines
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • Can my wife take a home equity loan for personal use on a jointly owned home without my consent?
  • Does a co-signer need to be on the title to apply for a home equity loan or a home equity line of credit?
  • Home Equity Loans – for Low Rate Extra Finance
  • Home Equity Loan Closing Cost Appeal
  • Home Equity Loan Vs. Refinancing
  • Should I take a home equity loan to pay off the 17,000 in medical bills I have?
  • Is it better to get a home loan thru home equity line loan?
  • Sorry, comments for this entry are closed at this time.