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How is a borrower's ownership interest in a property established?

Establishing Borrower Ownership Interest

A borrower must establish ownership interest in the security property and become liable for the note (whether individually or jointly) by:

  • signing the security instrument,
  • signing the mortgage or deed of trust note, and
  • taking title to the property in the name of the individual borrower(s).

For additional information, see B2-2-01, General Borrower Eligibility Requirements.

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