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Co-owned house with mortgage

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Jennys House Guest	Posted: Wed Jun 30, 2010 10:56 am    Post subject: Co-owned house with mortgage Like 0 Dislike 0 Hi experts, I live in Florida and own a house with an ex-fiance. We are both on the title of the home, but only his name is on the loan. So, relationship is ending and we want to transfer all ownership and liability to me. How will we accomplish this? I am assuming I will have to secure financing. How can we transfer all monies in escrow etc to me? I am wondering how closing costs etc will be compared to when we purchased the home. Any suggestions on how this would work. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
netherton Joined: 17 Jun 2010 Posts: 200 Location: Fort Collins, CO 29.19 Dollars($)	Posted: Wed Jun 30, 2010 10:58 am    Post subject: Like 0 Dislike 0 You will need to refinance the mortgage into your name to take over the loan. Closing costs will vary depending on many factors including FICO score, amount of equity etc. _________________ Nic Netherton Mortgage Banker Cornerstone Mortgage Co Fort Collins, CO 80525 Nic Netherton Loans 970-226-2992 My Daily Rate Sheet

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