Can a personal loan be used to buy a house? Although it is always better to save a deposit of your own, it is possible to use a personal loan as part of your deposit to buy a home. You need to meet the criteria for both a home loan and for a personal loan. To qualify you must have: ... Little existing debt (car loans, high credit card balances, etc).
Do I own the house if my name is on the deed? Mortgage Guide In U.S. property law, legal ownership of real property, such as a house, is evidenced through the d... more