Posted on: 11th Jan, 2012 12:42 am
Hi there, I have gone through a divorce recently and have a Judgment of Separate Maintenance showing spouse wants the home and that I'm in no way responsible for the existing loan. I need to know if I can for a mortgage in such a situation if the new lender comes to know about this and that it is not a debt that I will be responsible for signed by a judge saying this?
Under the circumstances, it would behoove you to insist that your spouse take the time and make the effort to refinance. Other lenders will certainly look at the mortgage as your continuing obligation, as Jerry noted.
