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Company Loan Type APR Est. Pmt.

assumption

Posted on: 11th Feb, 2009 10:21 am
My husband and I are getting divorced. He wants his name off the mortgage.He also doesn't want for the balance of the mortgage to be on his credit report if and when he gets a credit check. how can this be done?
I wanted to take over mortgage payments and put my mom on. How would this work?
I would think it owuld just be a matter of refinancing the mortgage using yourself and your mother and not your soon to be ex.
Posted on: 11th Feb, 2009 01:05 pm
Refinancing is probably your only choice as assuming loans is almost non- existent now a days and would have had to be part of the original loan paperwork.
Posted on: 11th Feb, 2009 03:31 pm
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