Just to clarify: She cannot be on the mortgage because she is on another mortgage with her mother. We will be paying for the mortgage together.
As she is paying for the mortgage with me, she wants to be on the title. I am currently only finished with loan pre-approval.
If I add her on the title when I purchase the house, I am assuming this would affect the loan process as I read that lenders don't want someone that's not on the mortgage on the title in case I can't make the payments and they need to foreclose.
- When is the earliest I can add her to the title?
- Do I need to finish paying the whole mortgage before I can add?