Is there a benefit of owning a house before marriage? Except for the fact that you will get it if the marriage ends? Because it seems like it would be not only a pain in the ass, but you would lose money if you bought one before marriage.
Because letís say I bought a house, and Iím paying the mortgage. Then I get married... why would the other person contribute to the mortgage is they donít own it? Also if you put them on the mortgage, you still paid way more money.
You need to check the laws where you live.
In many states, if not most/all, even if you own the house before marriage, the house converts to marital property after marriage because the payments are made with community income.
The reason your spouse would pay on the mortgage after marriage is because it's converted to marital property. Their name does not have to be on the deed or on the mortgage for this to happen.
Many states will not recognize your down payment and equity prior to marriage as your separate property. The general rule is that once community assets/income are comingled with separate assets, the asset is converted to community asset.
Also, never ever put someone's name on the deed to your home if they are not on the mortgage. Most mortgage companies will not even allow this. If you put them on the deed, they are entitled to 50% of proceeds on sale.
To protect yourself, find out the divorce laws where you live. Then, if you marry, get a prenuptial agreement that clearly states that if you two divorce, your down payment and equity at the time of the marriage is your sole property. https://www.freecreditscore.com/blog...use-home-loan/