Chris Cohen is the Chief Innovation Officer at Kasasa.
If you can reasonably afford the full mortgage by yourself, it makes sense to eliminate complexity long-term by avoiding a joint mortgage. While it depends on the lender you choose, there’s usually a maximum of four parties allowed on a joint mortgage. It’s important to review the terms of your joint mortgage very closely. If one co-borrower wants to sell while the other co-borrowers don’t, they can’t sell the property without permission from the others.5 October 2021