Posted on: 09th Feb, 2006 07:11 am
I need to add my daughters name on my mortgage as she is the owner anyway she just had bad credit so therefore I took the mortgage in my name, How can I add her on as I am not well and I know the Bank would take the Home if I died
you can make a will and there you can make her the owner of the house and even through quit claim deed you can transfer the property right to your daughter.
thanks
thanks
hi flaorangeblossom,
welcome to mortgagefit forums.
i wish you speedy recovery and good health. it's required to add your daughter's name on the mortgage so that the bank can't take your home if anything happens.
you can talk to your bank and consult them for adding your daughter's name in the mortgage. refinance is a way that can be taken up to add both of your names on the mortgage.
only concern may be your daughter's poor credit and that's why i'm suggesting you to talk to the bank.
you may also take the help of an attorney in the matter especially since you are well at present.
don't worry. there will be some way out. take care of your health.
feel free to contact us if you face any difficulty. we will try to help you in the best possible way.
god bless you.
for mortgagefit,
samantha
welcome to mortgagefit forums.
i wish you speedy recovery and good health. it's required to add your daughter's name on the mortgage so that the bank can't take your home if anything happens.
you can talk to your bank and consult them for adding your daughter's name in the mortgage. refinance is a way that can be taken up to add both of your names on the mortgage.
only concern may be your daughter's poor credit and that's why i'm suggesting you to talk to the bank.
you may also take the help of an attorney in the matter especially since you are well at present.
don't worry. there will be some way out. take care of your health.
feel free to contact us if you face any difficulty. we will try to help you in the best possible way.
god bless you.
for mortgagefit,
samantha