Home arrow Mortgage Forums arrow Forums: Learn from other's experiences arrow

can i remove my name from my daughters home loan

Author Message
Icon Mini Profile tpelle6978





Joined: 16 Aug 2008

Posts: 1

1.25 Dollars($)
Post Posted: Sat Aug 16, 2008 1:35 pm    Post subject: can i remove my name from my daughters home loan
Like 0
Dislike 0

i agreed to co sign on a interest only 612k loan,her husband who has been making all payments just filed bankruptcy,can i remove my name from this loan legally?
Icon Mini Profile sweeney
sweeney
Community Expert
Community Expert

best lender badge

Joined: 20 Jul 2008

Posts: 131

25.11 Dollars($)
Post Posted: Sun Aug 17, 2008 9:49 am    Post subject:
Like 0
Dislike 0

Hello and welcome to the forum. No, unfortunately you can't. They have to refinance to get a new loan in just their names.
_________________
Mike Sweeney
LionSaves.com - refinance debt

views expressed on this forum are my opinion as a mortgage professional, not legal advice
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.096 seconds.