Does this count against 10 mortgages?

[John S.]

The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually.

If I own a property with a partner and my partner owns the mortgage solely in their name, does that count against my maximum of 10? I am only on title for this partner property. The mortgage does not show up in my credit report because it is not connected to my name at all.

I guess what that comes down to is the question of: does being on title for any mortgaged property count against a maximum of 10?

[Joe Splitrock]

Originally posted by @John S.:

The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually.

If I own a property with a partner and my partner owns the mortgage solely in their name, does that count against my maximum of 10? I am only on title for this partner property. The mortgage does not show up in my credit report because it is not connected to my name at all.

I guess what that comes down to is the question of: does being on title for any mortgaged property count against a maximum of 10?

It is not 10 mortgage, it is 10 financed properties. That means any property you own that has a loan or loans against it. Even if it doesn't show up on your credit report, you may be required to disclose it on a mortgage application. You have to list all properties you own. Also note that any loan counts, so a HELOC makes it a financed property, If you have a mortgage and HELOC on the same property, it is just one financed property.

I have hit the limit a couple times. 

How many properties do you have? Are you close to the 10 property limit or is this just looking ahead?