Confer with title company MIGHT if you paid 100% in cash . or speak direct with real estate attorney if any other options are made avialable to you

You will want to see your family lawyer on how to do this and if you should do this.
You may need a post nup or some other document or agreement to keep the property separate.

These are all good answers. There is buying, and then there is borrowing. You can purchase a primary residence in Texas, but our community state laws will require that your wife sign the deed of trust to acknowledge her Homestead interest in the home.

If you borrow to purchase the home, you can put the loan in just your name. If you use FHA, VA, or USDA financing, we will also be required to pull your spouse's credit report, and count their debts in your qualifying ratios. Their credit score won't be used to disapprove the loan though. If you go Conventional, we don't have to do that.

However, if we have a non-purchasing spouse, we can't use their income for qualification purposes.

A licensed mortgage loan officer will be able to guide you to the best mortgage type for you. I know when to suggest a co-signer. I know when deferred student loans would make a difference. There are so many "moving parts" in mortgage decisions these days.

Seek out experienced loan officers to help you make the right choice.

Good luck!
Barbara Coker
NMLS# 228545

You sure can but always remember that Texas is a community property state and your wife will always have a right to a homestead property you purchase. She would also be required to sign some documents at closing regardless of the fact that she is not on the loan. I would recommend you speak with a real estate attorney to get more information depending on what you are looking to do.

Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o.512.669.5599 m.512.633.4157
listings@dongroff.com

Yes you can! There is a form you will sign at closing.

Yes you could buy it in just your name, but in the state of Texas (and a few others) it would still be community property and could not be sold without your spouse's approval. Now if one of you had a bad credit score, that might be a good reason to by the house only in the name of the person with good credit. However, the lender may still require both of you to sign the loan documents.

Best regards,

Rick Stanczak -- Experienced Agent
Baxter Brooks Real Estate
Rick-Corpus-Agent@sbcglobal.net
http://corpus.cor.MLXchange.com

Yes, you can buy in your name only but if you buy in The state of Texas (or any other community property state) your spouse will be on the deed at closing.
Best of luck.

Dave,

If you qualify financially you can buy in your own name. You will probably have to have you wife sign a document attesting to the fact that you are taking the property as your separate property and that she will have no interest in it.

Talk to a local mortgage professional for details.

Hello Dave,
Yes, you can purchase a home in your name only if you qualify.

I suggest that you contact a few lenders to determine the amount you could be approved for a mortgage.

Good luck!

Laura Feghali
Prudential Connecticut Realty