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Removing name on Mortgage

Posted on: 30th Mar, 2009 09:10 pm
How do I remove my name from a Mortgage if I did not sign the Security Deed. I did not apply for the loan I was added to the mortgage..not through a refinance. My ex added me to the mortgage with a letter.
Welcome dhill,

I don't think your name can be added to the mortgage with the help of a letter. I think your name was added to the mortgage with the help of a refinance. In order to remove your name from the mortgage, you'll have to ask your ex to refinance the property.
Posted on: 31st Mar, 2009 12:17 am
There was no re-finance. Just added to the mortgage. Researched the deeds filed in the county and just the original deed with my ex's name. I have the original loan docs. Is there a specific procedure to have my name removed.
Posted on: 31st Mar, 2009 05:31 pm
Hi dhill,

If you want to remove your name from the property deed, then you'll have to sign a quitclaim deed. Once your name is removed from the property, you can ask your ex to refinance the property. Once the property is refinanced, your name would be removed from the mortgage.
Posted on: 01st Apr, 2009 12:15 am
Hi

Are you still listed on the title to the property? If yes, then before you sign the deed to give up your interest make sure that you get it in writing from him that once the property is quitclaim your ex will refinance the property. Otherwise, your name will remain on the mortgage, while you will be left with no interest in the property. You can also talk with your lender and ask them to release you of the mortgage liability.
Posted on: 01st Apr, 2009 05:56 am
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