Posted on: 06th May, 2010 07:57 am
my mortgage company wants to charge me 1200 dollars to take my ex spouse name off loan. Once i get the quitclaim signed and recorded do i send it to my mortgage company?
hi tommy!
welcome to forums!
signing a quit claim deed will help you in transferring the property from one person to another. in order to remove your ex-spouse from the loan doc, you will have to refinance the loan. you can send the recorded quit claim deed to the lender but that won't help you in removing your ex-spouse's name from the loan.
feel free to ask if you've further queries.
sussane
welcome to forums!
signing a quit claim deed will help you in transferring the property from one person to another. in order to remove your ex-spouse from the loan doc, you will have to refinance the loan. you can send the recorded quit claim deed to the lender but that won't help you in removing your ex-spouse's name from the loan.
feel free to ask if you've further queries.
sussane