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Mortgage quit claim?

Posted on: 22nd Oct, 2010 08:03 am
My husband & I are divorcing and we want to take his name off the mortgage, is that possible through quit claim or is there a way to do it without refinancing?
Thanks!
hi dana,

a quitclaim deed won't help you to remove your husband's name from the mortgage. you'll have to refinance the mortgage in your name in order to remove him from the mortgage.

thanks
Posted on: 22nd Oct, 2010 11:05 pm
Thanks, Jameshogg, for your reponse! I have recently found out that I may be able to do an assumption with my existing mortgage company and then a quit claim to take him off the deed. Does that sound correct? Sorry to be so slow to respond. Life has been hectic!!!!
Dana
Posted on: 21st Feb, 2011 09:42 am
Welcome Dana,

It is quite a good option to assume the mortgage and then ask him to sign a quitclaim deed in order to remove him from the property deed.
Posted on: 21st Feb, 2011 09:33 pm
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