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change in deed

Posted on: 07th Oct, 2009 10:46 am
my parents transferred the house they did a deed change to my name, but will there be a problem with the mortgage company?
lizlasvegas7

welcome to mortgagefit

Changing the ownership of the property will not affect in any manner to the mortgage company.But if you are changing the name on mortgage (refinancing,adding) then you need to get it done with consent from the mortgage company only.

keep in touch......
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Posted on: 07th Oct, 2009 10:51 am
As the property has been transferred in your name, the mortgage company may ask you to refinance the loan in your name.
Posted on: 08th Oct, 2009 01:26 am
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