Posted on: 14th Dec, 2010 11:41 am
hello my name is brenda, my dad purchased a property in arizona, the lender is bank of america here is california. my dads name is in the loan, the title is under my name. my dad is unable to refinance (i am assuming because of bankrupcy from another property) i would like to transfer the loan to my name because we are currently under a 6.625 interest rate on a 70,000 loan. my goal is lower payments and ofcourse lower interest rate. i am a college student. any suggestions???? thanks a billion.