Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

How to remove a co signer from loan.

Posted on: 12th May, 2009 04:18 pm
My brother co signed a loan for me 2 years ago and i would like to remove him from loan how do i do this?
hi ashley welcome to the forums. to do this you must refinance the entire loan under your name only. once you do this it will be only in your name.
Posted on: 12th May, 2009 04:20 pm
Hi Ashley

I agree with Gary. If you want to remove your brother from the loan, you will have to refinance it. In order to refinance the loan, you should have a good credit score, stable income and equity in the property.

Thanks.
Posted on: 13th May, 2009 02:47 am
One way is to Refinance and second is quitclaim.
I thing Refinance is better way to remove name from loan.
If you want to remove name from loan you just Refinance means pay money.And when you Refinancing may be undertaken to reduce interest rate/interest costs.

Thanks
...............
Posted on: 20th May, 2009 07:26 am
Page loaded in 0.114 seconds.