Posted on: 04th Mar, 2011 10:49 am
i am in the process of getting a divorce. the loan is in my name, but i think the title or the deed is in both.. my spouse is wanting me to do a quitclaim on the house. what do i do to have her take over the loan give her sole ownership of house?
if the loan is in your name, she would have to refinance the loan most likely. in some rare cases, you can transfer the loan, but it is virtually impossible. you can give her sole ownership over the house very easily, with a quit claim deed which you can get online, complete it and record it at your county recorder.