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Broker made me put mother as co- borrower, she wants removed, how should I do this?

Posted on: 28th Dec, 2010 11:48 am
In March. 2007, my mother co-signed mortgage, broker told us she could sign off in two years, bank tells me only through assumption, is there another way? She in no way has ever helped with payments, insurance, property taxes, have owned the property since 1994, we were lied to by broker. she was on S.S then and still is NOW, Her name has always been on the deed
Contact me when there is a response
Posted on: 28th Dec, 2010 11:57 am
Hi robertcolvin,

You will have refinance the mortgage or assume it in order to remove your mother's name from the mortgage docs. This will make you solely responsible for the mortgage.

Thanks
Posted on: 28th Dec, 2010 07:18 pm
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