Mike,I will let the lending pro's cover that part, but this caught my eye: we are not yet married and not sure on plans for a traditional "wedding" but we're committed and plan to live out our time here together. I had a friend buy a house with a guy she intended to live with forever, and was even engaged to. She wrote her part of the mortgage checks to him directly, which he later claimed in court were for repayment of a private loan he had made her, and after break up she lost all rights to the house when he presented his cancelled checks for the full mortgage payments. Many marriages crash after publicly announcing that same intent, but it seems that there is more protection re asset division when it comes to dissolving a marriage, and it is frankly harder to do so, less likely to fall apart. This is a generality only, and is not a view of your relationship. It is instead a prequel to telling you that if you decide to buy a home with someone you are not legally married to, make sure that you spell things out in writing, legally. Take steps to protect yourselves and each other. What, for example, happens if one of you dies? Cover all the legal bases that are taken care of with that wedding certificate.Best of luck to you both in your real estate adventure!IP
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