Posted on: 28th Jul, 2008 01:11 pm
My dad cosigned for a loan for their granddaughter's boyfriend. He is not paying on time and they are getting calls from the loan company. Can my dad remove his name from the loan when their granddaughter's boyfriend turns 21?
Hi dlknopic.
Welcome to the forum.
To remove your dad's name from the mortgage the granddaughter's boyfriend will have refinance the loan on his name only. So will he ready to refinance when he will be of 21 years of age?
Best of luck,
Larry
Welcome to the forum.
To remove your dad's name from the mortgage the granddaughter's boyfriend will have refinance the loan on his name only. So will he ready to refinance when he will be of 21 years of age?
Best of luck,
Larry
