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Adding a name to my mortgage

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vickij717 Joined: 09 Jun 2006 Posts: 1 0.80 Dollars($)	Posted: Fri Jun 09, 2006 8:03 am    Post subject: Adding a name to my mortgage How can I have my daughter's name added to my mortgage?
mac_7 Guest 0.10 Dollars($)	Posted: Fri Jun 09, 2006 8:34 am    Post subject: RE you can go to the registrar and ask them to add your daughter into the mortgage. For that you need to fill the title form. The process is not that complicated.
blue Joined: 21 Oct 2005 Posts: 1138 Location: MARYLAND 137.66 Dollars($)	Posted: Fri Jun 09, 2006 9:50 am    Post subject: You need to add your daughter's name first to the title of the home before you approach the lender to get your daughter added to the mortgage. _________________ Lets help each other. Try my blog
Samantha Community Mentor Joined: 16 Sep 2005 Posts: 1546 Location: MASSACHUSETTS 138.57 Dollars($)	Posted: Fri Jun 09, 2006 10:06 am    Post subject: Hi Vickij, Welcome to MortgageFit Forums. You can't add your daughter's name to mortgage on your own. Once a mortgage is taken a borrower signs a note of promise to repay the debt and the mortgage is the document that secures the debt. Once the borrower fails to repay the lender can foreclose on the home. To add your daughter's name to the mortgage your daughter must be added to the title of the home first so that she becomes one of the owners of the home. After getting your daughter added to the title her name can be added to the mortgage through refinancing. Contact your lender and ask him for suggestions. God bless you. For MortgageFit, Samantha _________________ Know how to compare lenders with mortgage booklet
rosie1967 Guest 0.10 Dollars($)	Posted: Wed Jun 21, 2006 9:58 am    Post subject: QUIT CLAIM DEED I want to add my daugher's name to the title. Is a quit claim deed the solution? I'm confused as to a quit claim deed or others say adding name to title. will a quit claim deed give my daugher 1/2 the ownership? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Samantha Community Mentor Joined: 16 Sep 2005 Posts: 1546 Location: MASSACHUSETTS 138.57 Dollars($)	Posted: Wed Jun 21, 2006 10:10 am    Post subject: QUIT CLAIM DEED Hi Rosie, Welcome to MortgageFit Forums. You can add your daughter to the title of your property through a quit claim deed. Actually through a quit claim deed you can transfer as much of your interest in the house as you want to your daughter. Yes, she will be entitled to get 1/2 ownership after getting added to the deed. Consult with a real estate attorney for proper suggestion and in the process of preparing the deed. God bless you. For MortgageFit, Samantha _________________ Know how to compare lenders with mortgage booklet

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