Yes, any number of people can be on a loan. The only people who apply jointly on the same application form are married people, but any group of people can decide to own property together, apply for a loan together, etcetera.

In this case, you and your husband apply on one application, and the uncle on a separate application, but the applications are considered together and you will sign final loan documents together. You can also form a partnership which applies for the loan, or even potentially a corporation, but both of these cost money and require additional work, both on your part on on the part of others, so most folks tend to prefer to keep it simple.

How the property is titled is a different, if related issue. In most cases, the lender wants the loan to be reflected in vested title, but there are ways to accomplish most folks preferences.

You can have as many people on title as you want. I just suggest that you create a family partnership and make provisions in case of divorce (what happens if you n hubby divorce or uncle gets married), death (one of you dies), disability (one of you becomes disabled and no longer can make mortgage payments) and departure (your uncle no longer wants to own this house). Have this partnership purchase the house.

Regards

My boyfriend and I just purchased a home. Anyone with good credit can be on the home loan. If either has bad credit I would recommend the person with the bad credit just be on the title and not the loan.

Yes you can.
Be sure to include the right of survivorship.

Yes you can. I have do that before. just be sure you have a written contract between the 3 or you. love, family or not. If it is not written is does not exist.

I have some video real estate advice on this on my site.

Hope this helps

jerry

yes, anyone who has an interest in the home, their name can go on the title…a person does not even need to live in the home…

The laws are state-specific, but as many people as you want (related or not) can be on the deed. You just want to make sure that you have a professional draw up the paperwork to make sure it’s worded properly – because that wording does affect what would happen if one person were to pass away.

You should be able to… I recently heard about a brother and sister who bought a house together with both their names on the deeds/loan.

Yes. You can be a guarantor on the loan without actually owning the property.