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remove co borrower from mortgage

Posted on: 21st Mar, 2010 07:48 am
my son and girl friend baught a house togeather and in 4 month into it she left can my son get her name off the mortgage
hi sherry,

your son can get his girlfriend's name off the mortgage is he can refinance the loan. until he refinances, the lender is unlikely to remove his girlfriend's name from the loan as a co-borrower. however, as far as removing her name from the property title is concerned, your son will have to get a quit claim deed signed by her. unless she transfers her share of ownership to your son, he cannot remove her name from the property title.
Posted on: 21st Mar, 2010 11:36 pm
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