Posted on: 28th Aug, 2008 10:27 am
Hello, I live with my father is his house in PA. He got a mortgage
about 6 years ago through Wells Fargo, when his credit was very good.
Since then, he has had numerous late payments and received several
certified mailings warning him of default and foreclosure. That's when I
come in and pay the mortgage for him. Wells Fargo, to its credit, has
been relatively easy to deal with. For the most part, I have paid the
mortgage for the last 4 years.
Unfortunately, my credit is terrible. However, would Wells Fargo put me
on the mortgage as an added, albeit small, protection of their
investment? I would like to get added to the mortgage and the title. Do
I contact Wells Fargo first or tackle the quit-claim deed area first?
Or, do this end up as one in the same anyway?
I was hoping that, because of the mortgage crisis, these banks may be
more willing and open to this. Thank you so much in advance.
about 6 years ago through Wells Fargo, when his credit was very good.
Since then, he has had numerous late payments and received several
certified mailings warning him of default and foreclosure. That's when I
come in and pay the mortgage for him. Wells Fargo, to its credit, has
been relatively easy to deal with. For the most part, I have paid the
mortgage for the last 4 years.
Unfortunately, my credit is terrible. However, would Wells Fargo put me
on the mortgage as an added, albeit small, protection of their
investment? I would like to get added to the mortgage and the title. Do
I contact Wells Fargo first or tackle the quit-claim deed area first?
Or, do this end up as one in the same anyway?
I was hoping that, because of the mortgage crisis, these banks may be
more willing and open to this. Thank you so much in advance.
Contact wells and see what they say. Unless you qualify for the loan it is hard to say?
Brian
Brian