Hey Brokers,
Do you have to be on the title for a property (forgetting trust/company structures for now) to add to the serviceability?
An example may be better.
You want to buy a property with your wife but want the property in her name. Your wife however does not work so is unable to prove serviceability. You however can service the loan no problems.
Is it possible to not be on the title at all or would you need to be on at some capacity?
Do you have to be on the title for a property (forgetting trust/company structures for now) to add to the serviceability?
An example may be better.
You want to buy a property with your wife but want the property in her name. Your wife however does not work so is unable to prove serviceability. You however can service the loan no problems.
Is it possible to not be on the title at all or would you need to be on at some capacity?