Can someone buy a house but put a diffrent name on the deed

[cwornell]

I am in Texas.

I would like to know if someone can buy a house (take out the loan) but put the deed/title in someone else's name? Or, does their name (the person making the down payment and taking out the loan) have to be on the deed as well?

Thanks,
Char

 

[shortbus]

Ask your bank. As long as they can record a valid mortgage lien on the title, I'm not sure they care.

If you are doing this to avoid foreclosure down the line, it won't work. If the bank doesn't have a path to foreclosure, they won't give you the loan.