Posted on: 27th Apr, 2010 04:51 pm
If 2 parties own a property together can the co-signer or 2nd borrower modify the loan without the knowledge/permission of primary borrower?
Hi jjohn,
Both the parties whose names are mentioned on the mortgage documents will have to agree and sign the required documents in order to get a loan modification. If both the parties do not agree, then you won't be able to get the modification.
Thanks
Both the parties whose names are mentioned on the mortgage documents will have to agree and sign the required documents in order to get a loan modification. If both the parties do not agree, then you won't be able to get the modification.
Thanks