Posted on: 29th Jun, 2010 06:27 am
can you take an individual off your deed even though he is on your mortgage?
Welcome leem,
A person can be removed from the property deed though his name is on the mortgage provided that person signs a quit claim deed in the other person's name. However, in most cases, after a property transfer, the lender will want the owner of the property to refinance the loan in his or her name.
A person can be removed from the property deed though his name is on the mortgage provided that person signs a quit claim deed in the other person's name. However, in most cases, after a property transfer, the lender will want the owner of the property to refinance the loan in his or her name.