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My dad is getting divorced, he has added my sister to his deedm..how long must she be on it to refinance?

Posted on: 30th Dec, 2010 03:39 pm
my dad is getting divorced and must refinance to get his ex off of house. my sister has been added to deed, she lives far away from property address...how can she finance or refinance the loan for my dad...his credit is no longer good.
Welcome Guest,

A non-resident co-owner of the property may be able to refinance the mortgage. However, it will depend upon the lender whether or not he will refinance such a loan. Your sister should contact the local lenders and check out if they can help your sister in getting refinance.
Posted on: 30th Dec, 2010 06:51 pm
Most lenders will require 6 months of seasoning before she can refinance.
Posted on: 03rd Jan, 2011 03:25 pm
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