Reply to Fiancé won’t put me on the title of our new house

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[quote=Anonymous]As long as you have not signed a prenuptial, then if something happens to him, you are the heir to his estate as his wife.  Unless he writes a will that excludes you as well.

But not having you on the mortgage might actually be prudent financially.  If you are a SAHM and you do not have a significant credit history or you have a low credit score, then including you on the mortgage can increase the interest rate that you would have to pay on the house.  Additionally, some institutions might actually raise the down payment required for the loan to ensure that they are at less financial risk if something happens to the sole income earner, but they can't foreclose as easily because of two people on the loan.

And it is definitely a bad idea for both of you to be on the title and only have one (him, the income earner) on the mortgage.  That causes lots of issues because it makes it harder for him to make financial decision, including refinancing and recasting the loan, without your consent and agreement.  There was another thread about a wife who was on the deed, but not on the mortgage.  Her husband had a financial lapse and wanted to renegotiate the loan with the bank to resolve his financial lapse, but the wife was refusing the sign off on it to punish her husband for being financially irresponsible.  That type of marital bean counting and grudge holding is just bad financially.

The other issue is that you say that the house he is buying is a second house.  That means that even if he were to will it to someone else, you wouldn't be left without a home to live in with your kids.  You have the primary house that would be your home.  Since you are a cohabitant of the primary house, you would inherit that as his spouse as long as he makes mortgage payments on that house after you are married.  Any money he earned after marriage that goes into the house makes the house (or at least a portion of it) a marital asset that you would be entitled to half the value, should anything happen to him or between you.

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