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Icon Mini Profile donnablue352004





Joined: 11 Sep 2010

Posts: 2

1.28 Dollars($)
Post Posted: Sat Sep 11, 2010 1:59 pm    Post subject: loan
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going through a divorce.husband has name on loan,not me.he is quick deed claiming the deed to me.my income is low.is it possible to get a loan for the mrtg.?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10574
Location: ALASKA
1090.82 Dollars($)
Post Posted: Sun Sep 12, 2010 10:03 pm    Post subject:
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Hi donnablue,

With a low income, it would be difficult for you to refinance the loan and transfer the mortgage in your name. Moreover, unless you've good credit score and equity in your property, the lender will not be ready to refinance the mortgage.

_________________
Procrastination is the enemy of your financial success
Icon Mini Profile vtdryrot





Joined: 14 Sep 2010

Posts: 2

1.26 Dollars($)
Post Posted: Tue Sep 14, 2010 6:44 am    Post subject: quit claim and refinance following divorce
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suggest you contact a non-profit houseing counseling agency in your area. Check the internet for a listing. they may be able to work with you on this
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