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I just purchased a home and it is in my name. I want to put my girlfriend on it now.

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Icon Mini Profile farmertom46



Joined: 08 Sep 2008

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PostPosted: Mon Sep 08, 2008 10:25 am    Post subject: I just purchased a home and it is in my name. I want to put

I just purchased a home and it is in my name. I want to put my girlfriend on it now...She pays half the mortgage payment so I want to add her name on the deed. Can I do it with a quit claim deed ? If so how do I go about it ?
 
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Icon Mini Profile adonis
adonis


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PostPosted: Tue Sep 09, 2008 12:19 am    Post subject:

Yup, a quitclaim deed would serve your purpose. Just check out some more details on quit claim deed so that you know what to do in order to make it a valid one.
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Icon Mini Profile gmakerley
gmakerley
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PostPosted: Tue Sep 09, 2008 10:56 am    Post subject:

farmertom you can add your girlfriend to title, but you may run afoul of your mortgage lender. the normal course of business is that you're not allowed to transfer title without making the lender aware of the change; and your loan could then become due and payable.

that last item is rarely enforced to the letter, but you'll want to contact the lender to ensure you're not putting yourself in harm.

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Senior Loan Officer
Freedom Mortgage Corporation
37 Jerome Avenue
Bloomfield, CT 06002
860-286-0444
 
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