Posted on: 13th Apr, 2010 01:09 pm
We originally had a mortage with Fidelity Federal and then it was changed to National City and now it is PNC. The house was purchased with myself as buyer and my father as guarantor. With the transfer of my mortgage between banks somehow my father became listed as a co-borrower. The only reason I found out there was a change is because he tried to re-finance his house to lower his interest rate and my house showed up under his assets as debt.
Can I make the banks change their paperwork so it matchs the original mortgage? Thank you.
Can I make the banks change their paperwork so it matchs the original mortgage? Thank you.
hi jdonath,
it is quite surprising to me that your father tried to refinance his mortgage but became a co-borrower on your mortgage. you need to speak to your lender in this regard and clarify the whole issue. you will have to negotiate with your bank and try to change the paperwork.
take care.
it is quite surprising to me that your father tried to refinance his mortgage but became a co-borrower on your mortgage. you need to speak to your lender in this regard and clarify the whole issue. you will have to negotiate with your bank and try to change the paperwork.
take care.