Posted on: 15th Jul, 2010 01:46 pm
how to get ur name remove from an mortgage, other than selling the house or buying each other out
welcome jeancasiano,
if you want to remove your name from the mortgage, then the other owner of the property will have to refinance the loan or assume it. the other owner can also go for a novation which is another way of getting the mortgage transferred from one person to another. however, in most cases, the lenders prefer refinance over novation.
if you want to remove your name from the mortgage, then the other owner of the property will have to refinance the loan or assume it. the other owner can also go for a novation which is another way of getting the mortgage transferred from one person to another. however, in most cases, the lenders prefer refinance over novation.