Posted on: 19th Oct, 2010 02:36 pm
my husband helped his sister and brother in law purchase a 3 family home he was kind of the co signer he made more money than them so he put his name on the mortgage we all live in the house but now we want out so we can get our own home but no other company will do two mortgages how to we get out of it
HELP
HELP
hi danniellespearin,
you and your husband will have to ask the sister and brother-in-law to refinance the mortgage in their names so that your husband's name is removed from the mortgage. once this is done, your husband and you'll be able to get a mortgage to buy a property of your own.
thanks
you and your husband will have to ask the sister and brother-in-law to refinance the mortgage in their names so that your husband's name is removed from the mortgage. once this is done, your husband and you'll be able to get a mortgage to buy a property of your own.
thanks
Well there is an issue I was told that his sister and brother-in-law have to make a certain amount to cover off the difference in what my husband makes, because he was the one who was most stable in the income. I dont know who to contact the same mortgage company or a different one. They had GMC but Midland Mortgage bought out GMCs mortgages and are being really difficult to get in touch with. Do you have any other suggestions. Its just so fustrating.