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Mortgage quit claim?

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Dana Horne Guest	Posted: Fri Oct 22, 2010 8:03 am    Post subject: Mortgage quit claim? Like 0 Dislike 0 My husband & I are divorcing and we want to take his name off the mortgage, is that possible through quit claim or is there a way to do it without refinancing? Thanks!
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Fri Oct 22, 2010 11:05 pm    Post subject: Like 0 Dislike 0 Hi Dana, A quitclaim deed won't help you to remove your husband's name from the mortgage. You'll have to refinance the mortgage in your name in order to remove him from the mortgage. Thanks
Dana Horne Guest	Posted: Mon Feb 21, 2011 10:42 am    Post subject: quit claim deed Like 0 Dislike 0 Thanks, Jameshogg, for your reponse! I have recently found out that I may be able to do an assumption with my existing mortgage company and then a quit claim to take him off the deed. Does that sound correct? Sorry to be so slow to respond. Life has been hectic!!!! Dana
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Mon Feb 21, 2011 10:33 pm    Post subject: Like 0 Dislike 0 Welcome Dana, It is quite a good option to assume the mortgage and then ask him to sign a quitclaim deed in order to remove him from the property deed. _________________ Procrastination is the enemy of your financial success

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