Posted on: 26th Apr, 2011 06:15 pm
my brother recently purchased a house in fl and is quit claiming the property to me. there is $140,000 mortgage. i am taking on the mortgage payments, but how does he transfer the mortgage without me having to refinance?
Hi,
Welcome to Mortgagefit, as far as i know, there no other option without refinance in order to transfer loan to your name. Refinance will only possible if you eligible with lenders requirements for refinace.
Happy to help you :D
Thanks & regards,
Gunz.ijjistaff :)
Welcome to Mortgagefit, as far as i know, there no other option without refinance in order to transfer loan to your name. Refinance will only possible if you eligible with lenders requirements for refinace.
Happy to help you :D
Thanks & regards,
Gunz.ijjistaff :)
