Posted on: 24th Nov, 2010 02:49 pm
my brother has the mortgage loan but lives on another state and i live on the property. he did the quit claim deed so, i can have ownership of the house. i fell behind on the mortgage payment. i want to modify the loan but it's under his name. what can i do? he wants nothing to do with the house and i have been paying the mortgage for years.
Welcome lamoris,
As the mortgage is under your brother's name, you won't be able to modify the loan. It is your brother who will have to apply for the loan modification.
As the mortgage is under your brother's name, you won't be able to modify the loan. It is your brother who will have to apply for the loan modification.
Thank you for the feedback...I will have him do the modification. I wish I was the one doing it since, I live on the property and he does not.