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

name off mortgage

Author Message
Icon Mini Profile cmorgan





Joined: 27 Sep 2008

Posts: 2

1.82 Dollars($)
Post Posted: Sat Sep 27, 2008 4:10 pm    Post subject: name off mortgage
Like 0
Dislike 0

me & my partner own a mortgage together.....how can i get my name off the mortgage..we are gay & our relationship is ending
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10030
Location: Alaska
919.49 Dollars($)
Post Posted: Sun Sep 28, 2008 9:38 pm    Post subject:
Like 0
Dislike 0

Hi cmorgan!

Welcome to Forums!

Your partner will have to refinance the mortgage. This is the way lenders prefer. However, there is also a process of novation which will also help both of you to remove your name from the mortgage.

Feel free to ask if you have further queries.

Sussane
Icon Mini Profile jerry
jerry
Moderator



Joined: 17 Oct 2005



Posts: 2617
Location: MICHIGAN
415.55 Dollars($)
Post Posted: Wed Oct 01, 2008 2:02 am    Post subject:
Like 0
Dislike 0

Hi cmorgan!

You can sign a quitclaim deed in your partner's name and then your partner can refinance it. Lenders also prefer it this way.

Thanks,

Jerry
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12346
Location: bloomfield, ct
53.01 Dollars($)
Post Posted: Wed Oct 01, 2008 6:59 am    Post subject:
Like 0
Dislike 0

cmorgan, you need not post the same basic question on a variety of forums.

truly, once is enough (contrary to jacqueline susann).

_________________
George M. Akerley
Independent Contractor - Mortgage Consultant
Word of Excellence Editing/Writing/Proofreading
860-221-5044
Icon Mini Profile lisascherzer



best lender badge

Joined: 04 Jan 2008

Posts: 755

1.12 Dollars($)
Post Posted: Fri Oct 03, 2008 1:16 pm    Post subject:
Like 0
Dislike 0

Yes, your partner will have to refinance.
_________________
Lisa Scherzer
Allpointe Mortgage
Expert Mortgage Broker
440-521-7060
Free Mortgage Quotes
Get Mortgage Information
Search Real Estate Agents Here
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 21.073 seconds.