Closing Loans Tenancy in common 
HomeLight
APRIL 29, 2022
Here are a few of the most common types of home co-ownership scenarios , along with how each situation could affect your sale: Tenancy in Common. A tenancy in common is one situation where multiple people can own the same home. You also don’t have to be married to enter into tenancy in common.
Windemere Buying
JULY 19, 2021
Just like a traditional home purchase, lenders use the buyers’ debt-to-income ratios and credit scores to determine their mortgage eligibility and formulate the terms of their loan. Tenancy in Common (TIC) When co-buyers hold a title as tenants in common, shares of the property can be divided equally or unequally.
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