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Company Loan Type APR Est. Pmt.

tow names on mortgaga

Posted on: 27th Sep, 2008 03:58 pm
hi..me & my partner both have our names on the mortgage...how do i get out w/out financial ruin....we are gay....can i just agree to take my name off the mortgage as long as he agrees to release me from any financial obligation?
I believe the only way is to have your co- borrower to take out her own loan.
Posted on: 27th Sep, 2008 05:07 pm
hi cmorg!

you can sign a quitclaim deed in your partner's name and give away the interests in the property after which your partner will refinance and take the mortgage in his/her name.
Posted on: 29th Sep, 2008 02:06 am
I agree with Annie.

You should try out that.

One of my friend faced same problem and did the same as mentioned by Annie.
Posted on: 29th Sep, 2008 05:41 am
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