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Can I leave my name on the mortgage but of a joint tenant deed using a quit deedt

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janelavin Joined: 04 Feb 2011 Posts: 1 1.25 Dollars($)	Posted: Fri Feb 04, 2011 11:47 am    Post subject: Can I leave my name on the mortgage but of a joint tenant de Like 0 Dislike 0 I want to leave my name on our mortgage but take it off the deed to make my daughter sole owner. Both the mortgage and the deed are as joint tenants are in both our names
adonis Joined: 22 Oct 2005 Posts: 10569 Location: ALASKA 1090.22 Dollars($)	Posted: Sun Feb 06, 2011 11:47 pm    Post subject: Like 0 Dislike 0 Welcome janelavin, If your daughter becomes the sole owner of the property, then the lender will want your daughter to refinance the mortgage solely in her name. If she does not do so, then the lender may call the mortgage due immediately. _________________ Procrastination is the enemy of your financial success

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