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Can I pay off someone else's mortgage?

Updated: 9/18/2023
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12y ago

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Yes. You will need to contact their lender for the balance due, in writing, and make certain there are no penalties for paying it off early. If there are, you will need to pay those also.

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How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


Do I pay off my mortgage buy more gold or invest in more stock?

Pay off your mortgage.


Can heirs make payments to keep the home of a reverse mortgage?

Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.

Related questions

How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


to pay off a mortgage?

which grant can I apply to pay off a mortgage


Does mortgage insurance pay off the loan in the event of a death?

That is typically one of the contingencies that mortgage insurance will pay. The other tends to be when someone loses their job.


How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


Do I pay off my mortgage buy more gold or invest in more stock?

Pay off your mortgage.


Is there any online training on how to pay off mortgage early?

You just can pay your full mortgage off at once. So you would have no mortgage left you have to pay back :)


Can someone tell me how to do pay off my house?

Paying monthly mortgage is hard, and its not getting any easier I recommend going to the website below and maybe you will find your answer there. Read more: Keep the mortgage or pay off the house? http://www.bankrate.com/finance/mortgages/keep-the-mortgage-or-pay-off-the-house--1.aspx#ixzz1S03p1Mml


How can you terminate your mortgage?

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How can a mortgage overpayment calculator help to pay off a mortgage faster?

A calculator can show a mortgage home buyer how quickly they can pay off their home and how much they save when they pay off the principal of the loan over a given time.


Can heirs make payments to keep the home of a reverse mortgage?

Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.


When do mortgage repossessions occur?

Mortgage repossession occur when you have no money to pay off your mortgage and only happens as a last resort to make up for the payments you can no longer pay off.