The represents your legal right to the property, while the deed is the physical document used to transfer that right. Spouses have several options for how they hold title:
: If one spouse has poor credit, it may be beneficial for the spouse with the higher score to apply alone to secure a better rate.
: A common guideline for safe homebuying is ensuring the monthly payment is no more than 30% of gross income, having 30% of the home price in savings (for down payment and reserves), and limiting the total price to 3x annual income.