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Mortgage Community Forums | Deeds, Property Transfer and Estate Planning | Can I leave my name on the mortgage but of a joint tenant deed using a quit deedt

Can I leave my name on the mortgage but of a joint tenant deed using a quit deedt

Posted on: 04th Feb, 2011 10:47 am
I want to leave my name on our mortgage but take it off the deed to make my daughter sole owner. Both the mortgage and the deed are as joint tenants are in both our names
welcome janelavin,

if your daughter becomes the sole owner of the property, then the lender will want your daughter to refinance the mortgage solely in her name. if she does not do so, then the lender may call the mortgage due immediately.
adonis
Posted on: 06th Feb, 2011 10:47 pm
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