Posted on: 06th May, 2014 01:27 pm
Can someone sign for a loan modification and quit claim at the same time? I'm applying for a modification and want his name off the deed at the same time. He's fine in doing it.
No, the quitclaim deed must be signed before applying for loan modification. After your partner signed it, inform your lender & submit the document to him. The lender will then verify the documents & proceed to the next step of loan modification process.