Compare Mortgage Quotes

deeholley · Joined: 06 May 2009 Posts: 1 1.32 Dollars($)

Parents mortgaged a home for us due to our low credit score. How can we protect our home should something happen to elderly parents? With our credit problems and unable to get mortgage on home and the loan does not allow assumption. Do we have any other recourse in protection as we are making the payments?

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

Is your name on the Deed?

jameshogg · Posted: Wed May 06, 2009 9:06 pm Post subject:

Hi deeholley,

If your name is not on deed and the mortgage, then you won't be able to save the property. I would suggest you to improve your credit score quickly and then refinance the mortgage in your name. Take a look at the given page to know more about improving your credit score:
http://www.mortgagefit.com/credit-rating/credit-repair.html

Thanks

jheard · Posted: Thu May 07, 2009 11:53 am Post subject:

Can you explain the transaction in a little bit more detail?

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

Parents mortgaged home for us How can we protect it should something happen