Posted by BoomerSooner on 3/23/13 9:20am
Msg #462648

Non Borrowing Spouse

Does every state have non borrowing spouse sign the RTC, TIL and Deed / Riders?

Thanks

Reply by Linda_H/FL on 3/23/13 9:26am
Msg #462650

I think this is a state-specific issue. Here in FL it's required if it's their "homestead" - HUD, TIL, Sometimes Itemization, RTC, Mortgage, Riders, Property Affidavits, sometimes Correction/Compliance Agreement, Name Affidavits. Sometimes there's also a form in the package where the NOBS is affirming that they realize their spouse has taken a loan and it is being secured by a mortgage on their property.

Reply by Edward Cooke on 3/23/13 10:48am
Msg #462654

There is no deed in Louisiana.

Reply by John E. Rogers on 3/23/13 11:00am
Msg #462658

Sorry, placed this response in the wrong place...should be under non-borrowing spouse notes. jer/OH

Reply by Luckydog on 3/23/13 9:36pm
Msg #462727

In Florida, the NB spouse signs if it is their primary residence, and that is minimum of the mortgage and riders, TIL, and Itemization of Amount Financed, and RTC. If she is on title, they may have to sign title docs, but I do not add their name if not on there...just the 4 mentioned above.

Reply by kcg on 3/24/13 6:15am
Msg #462750

In Indiana, if NBS is NOT on title, then NBS doesn't sign anything....if on title, however, then NBS needs to sign DOT, RTC, TIL, Correction Agreement and a few other assorted docs.