Posted on: 20th Apr, 2009 04:54 pm
Can a co-signer on an fha loan be released (taken off of the loan) after one year?? A realtor told me about this but I am very skeptical.
the only way to remove a co-signer is to refinance the loan without them. it can not be a streamline refinance must be a full loan qualify
Yes that is correct, Only way to get them off is to refi the entire loan in your name only