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How can my current spouses name be removed from the current joint mortgage.

gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

this is not clear - do you mean that the two of you own the home, but you are solely responsible for making payments? that seems to be the case, but you need to add some clarity.

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 01:34 | Post subject:

jratchen's picture
jratchen | Joined: March 30, 2009 07:19 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Yes. Both names are on the mortgage, however, only my name is on the loan documentation.

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 01:34 | Post subject:

gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

that makes your original question moot. if you are the only borrower, there's no need to refinance your mortgage except for the purpose of borrowing more money or reducing your rate.

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jratchen's picture
jratchen | Joined: March 30, 2009 07:19 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

I still need to know how to remove my spouses name from the mortgage/deed documentation, again the bank loan is in my name only. Will a [url=http://www.mortgagefit.com/quitclaim-deed.html]quit deed[/url] work? The name was included on the mortgage at the time for inheritence issues. At this time, it is desired to have full ownership in my name alone for future sale purposes, inheritence etc. without any signature other than my own. Thanks

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gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

just for clarity - the mortgage is the document that secures the loan. if you are the only signer on the loan, then you are also the only signer on the mortgage.

as for the ownership of the property, which is apparently what you're trying to change: you and your spouse can prepare and record a [url=http://www.mortgagefit.com/quitclaim-deed.html]quit claim deed[/url] (from the two of you to you only) and that'll give you ownership solely.

i think that ought to do it for the answers you needed.

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jratchen's picture
jratchen | Joined: March 30, 2009 07:19 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Thanks!!

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savior70's picture
savior70 | Joined: March 25, 2009 05:14 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi

From what you've mentioned it seems you want to remove your spouse's name from the title to the property. Well, if this is the case, a quitclaim deed should be enough to solve your issue.

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Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

my wife has disappeared the police have tried to find her but can't.It has been over a year now, my mortgage is up for renewal how can I get her name off the mortgage so I don't loose the house

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smith.sussane's picture
smith.sussane | Joined: September 18, 2008 09:57 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi puhlmann!

Welcome to forums!

You'll refinance the mortgage in your name in order to remove your spouse's name from the mortgage documents.

Feel free to ask if you've further queries.

Sussane

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gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

I suspect it won't be quite so easy, Sussane.

Puhlmann, you'll probably need to file a legal notice in your local newspaper to accomplish what you need. Contact an attorney in your area, discuss the situation, and move on from there.

Refinancing isn't an option when the title is jointly held and you're trying to do it on your own. Any lender you speak with is going to require that all parties to the deed be a part of any new loan you seek.

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