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BK911 BK911 is online now
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Join Date: Mar 2001
Location: Rocky Top, TN
Posts: 6,945
Garage
Thanks guys.
My biggest concern is the financed rental properties.
They are all income producing, but with her not working, I am worried about her being able to keep the loans.
Googling found something called Garn–St. Germain Depository Institutions Act.
Supposedly this requires the bank to transfer the loan to the wifes name, even if she isnt on the deed or loan, or had a job.
Reading the (very boring) law, I am not so sure that is what it really says.

6 Situations Where The Lender Can't Call Your Mortgage - tribunedigital-chicagotribune

Anybody have any experience with this?
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Old 09-29-2016, 12:44 PM
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