Posted on: 10th Nov, 2010 04:40 pm
because i could not get a morgage in my name my brother got the morgage in his name for me now i would like to do a quit claim if we do this will he still be held liable for morgage
hi johnniescottboller!
welcome to forums!
if your brother's name remains on the mortgage doc, then he will be held liable by the mortgage lender for the loan. you will have to refinance the mortgage in your name in order to release him from the mortgage.
feel free to ask if you've further queries.
sussane
welcome to forums!
if your brother's name remains on the mortgage doc, then he will be held liable by the mortgage lender for the loan. you will have to refinance the mortgage in your name in order to release him from the mortgage.
feel free to ask if you've further queries.
sussane