Valued Contributor
Posts: 1,671
Registered: ‎05-24-2007

I wish it were that simple. Lightnin is probably correct for the immediate future that the mortgage will not appear on your credit reports since your name is not on the mortgage.


However, if he defaults the lender will certainly look for the money from anywhere it can legally get it. They could even add negative info to your reports in an attempt to get money even though you could fight it successfully.


The laws regarding the ownership of the debt will vary widely by state. You might be responsible for the debt even if you didn't sign anything and your name is not on the mortgage. Two people that are married are jointly responsible for each others debts more often than you might think.