Posted on: 13th Sep, 2013 12:15 am
I received a mortgage assumption packet but in it there were documents for a refinance loan. I want to remove my name from the mortgage and the deed. What do I do now?
Hi Kerrey,
The packet should not have come to you. As you want to remove your name from the mortgage, the other borrower should refinance or assume the loan. You should contact the lender and clarify the matter.
Take care
The packet should not have come to you. As you want to remove your name from the mortgage, the other borrower should refinance or assume the loan. You should contact the lender and clarify the matter.
Take care
Yes, other than that, you should shop around for better refinance rates and choose only the best in terms of affordability as well as loan terms.