Quitclaim deed and mortgage

Guest 0.10 Dollars($)

My daughter is now divorced. She signed a quit-claim deed one year
ago for her husband to have the house/mortgage. She assumed he
would be required by law to remove her name from the mortgage; however, to date he has not done so. The ex stated that his parents are the beneficiaries to the house. How is she to get her name off the mortgage, and if the ex died, would she not be responsible to pay the mortgage?

She needs help!!!

A concerned parent

jheard · Posted: Thu Jun 26, 2008 11:43 am Post subject:

You cannot get your name off the mortgage. The ex has to refinance the loan in his name only.

If the ex died, she would remain responsible for the mortgage.

larry · Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)

Hi linda.

Welcome to the forum.

Jheard is right. Quitclaim deed will not remove your daughter's name from the mortgage. So her ex needs to refinance the mortgage on his name only. Otherwise if he defaults then the lender may even come after your daughter and it will also drop her credit score.

Feel free to ask if you have any more questions
.
Best of luck,
Larry

smaildaytoday · Joined: 15 Oct 2007 Posts: 52 0.14 Dollars($)

now that, her husband had do a quit cliam deed for the transfer and the property has been titled with your daughter's name, so your daughter own the property and its mortgage. your daughter will become the sole owner and she also not remove her name from the mortgage.

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