Quick question: my husband and I are separating, likely to divorce within the next year, but we want to separate first to give us all time to ease into it, figure out impact and custody arrangements for our child. We would like to go ahead and refinance our mortgage in my name alone, and use the equity so that my husband can purchase a condo so he's not throwing away money on the rent. We live in Texas, and I spoke with one mortgage company that has told me they can't refinance in my name alone while we're still married. He'd be willing to cede title of the house to me and I'd be willing to cede title of the condo to him, but is this something that we can do while we're still married? How would that impact property division during the actual divorce?
I forgot to mention, we purchased the current house the week before we were married.
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