If I borrowed money through bank to purchase home would I be considered a co-owner?

romero_laurie · ‎February 19, 2025

xmasbaby0 · ‎February 19, 2025

You would be a "co-owner" if you and some other person borrowed money and took out a mortgage for the house. You are a home owner with a mortgage.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Vanessa A · ‎February 19, 2025

If you took out a mortgage with another individual then you would be considered a co-owner.

If you took out a mortgage on your own, then you would be the owner. The bank is not considered an owner, they are just the lender.

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If I borrowed money through bank to purchase home would I be considered a co-owner?