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mortgage transfer

Posted on: 14th Jun, 2010 04:48 pm
when i bought my house i had my mom do the mortgage in her name for credit reasons, i need to get the mortgage in mine and my wifes name now. What is the best way to do this? We have been paying the mortgage for five years now but have not put our names there. Thanks for the help
hi bakermg!

welcome to forums!

you and your wife will have to refinance the mortgage in your names. once you refinance the mortgage, it will get transferred in your name. thus, both of you would become personally liable for the mortgage dues.

feel free to ask if you've further queries.

sussane
Posted on: 14th Jun, 2010 08:47 pm
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