years ago my husband refinanced our home, I signed the HUD and deed or trust for the refinance but my name is not on the loan.why?

In a community property state, on a conventional loan, the non-borrowing spouse can remain on title, yet not be on the loan. In many cases one spouse may be omitted because their credit scores are worse and brings down the score used for pricing, or in some cases cause the low score can cause the loan to be declined. In these situations, a decision is made to not have them be a borrower. To understand why this happened to you, first ask you husband why you were excluded. If he does not or cannot tell you, go back to the title company and confirm that the loan agreement did not included you and see if they can shed some light on it. Many non-borrowing spouses are concerned that if their borrowing spouse dies, they will be kicked out of the home by the bank. That is usually not likely. If you are on title, and your spouse who is on the loan dies, estate law allows you (as the surviving spouse) to assume the loan. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in AZ, CA, GA, IL, OR & WA... In fact, NEXA is licensed in all states except MA and NY and we are pending approval in VA, so give us a call. ~ www.ApplyYes.com 480-889-9000.

You are not on the loan because you didn't apply. Only he did. Ownership of the property and who is on the loan can be different. It is extremely common to have just one spouse on the loan itself, but both of you are owners. In most states, because you are married you have a legal right to the property, even if you were never officially put on the title. If he is getting a mortgage on your marital asset, you need to sign - essentially confirming and allowing him to mortgage your marital asset. I'm licensed in MN WI IA ND SD. Find me at JoeMetzler.com - NMLS 274132 Cambria Mortgage