If my husband pays the mortgage and we own our home, can I select other and enter $0 for mortgage payment?
You don’t have to list anything. What type of application are you filling out? If you are applying for credit you may want to keep it out (it will increase your debt ratio and lower the amount you can borrow) If the two of you are refinancing, you can keep your payment blank.
If I don’t pay the mortgage, do I have to include it on application forms?
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NO, not if you are married, because you are still responsible for the mortgage payment if he doesn’t pay it.
References :
You don’t have to list anything. What type of application are you filling out? If you are applying for credit you may want to keep it out (it will increase your debt ratio and lower the amount you can borrow) If the two of you are refinancing, you can keep your payment blank.
References :
16 years experience in the mortgage, finance and credit business