Posted on: 20th Jul, 2008 09:42 am
I own a home with my boyfriend and want to take myself off the loan and let him have the property. Can I do that?
Welcome Kelley.
I agree with Mike. Ask your boyfriend to refinance the mortgage. Is he can refinance the mortgage then you can quitclaim the property to you. But if your boyfriend cannot refinance then even after quitclaim you will only be removed from the deed but not from the mortgage.
Let me know if you have further queries.
I agree with Mike. Ask your boyfriend to refinance the mortgage. Is he can refinance the mortgage then you can quitclaim the property to you. But if your boyfriend cannot refinance then even after quitclaim you will only be removed from the deed but not from the mortgage.
Let me know if you have further queries.