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mortgage after divorce

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Icon Mini Profile huizhongjin





Joined: 13 Oct 2009

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Post Posted: Tue Oct 13, 2009 10:36 am    Post subject: mortgage after divorce
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my husband and i own a house with both of our names on the deed, but it is only his name on the mortgage. we are getting a divorce now, and i am going to take my name off the deed so he will have sole ownership of the house.
my questions are, whether the quitclaim deed is the only document i need to sign, and i don't need to worry about the mortgage since my name has never been on it?
thank you.
Icon Mini Profile jveenstra
jveenstra
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Post Posted: Tue Oct 13, 2009 11:07 am    Post subject: Divorce
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If your name is not on the mortgage, there should be no need for you to have any concerns about the mortgage--you are not on it and are not obligated to pay.

Quit claim deed removes you from title and you should not have to sign or be responsible for anything else.

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John Veenstra, Sr Mortgage Consultant
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