Posted on: 08th Aug, 2009 12:29 am
When I was 18 yrs old my parents refinanced their home mortgage and transferred it to my name in hopes of getting a better loan. I am 27 yrs old now and I play no part in paying the mortage and taxes on the home. My question is , is there a way to prove that the house is only under my name but that my mom pays everything and that it is in fact my moms house and not mine. I once tried applying for low income housing but was denied because my moms house was under my name, i dont live with my mom anymore i have my own family and i pay rent. please help.
sassan09
Welcoem to the forum
You need to show the bank that your mom i making payments
Copies check and payment fromher account etc
Or You can ask your mom to refinace the house in her name.
Good luck and feel free to ask
Welcoem to the forum
You need to show the bank that your mom i making payments
Copies check and payment fromher account etc
Or You can ask your mom to refinace the house in her name.
Good luck and feel free to ask
Your best option would be to ask your mom to refinance
That will clear your name of the current mortgage and you should be able to shop around for new loan
That will clear your name of the current mortgage and you should be able to shop around for new loan