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Can a cosigner who is a spouse refinance without the primary spouse?

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2005-12-11 01:42:02
2005-12-11 01:42:02

Not if you are both on Title unless they forge your name.

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Yes. The judge can order the spouse who is keeping the vehicle to refinance it in their name only.

You can refinance without the spouse but you will need their consent to do so. If the spouse is on the title of the home, the answer is "no". If the spouse is on the existing mortgage the answer is "no". If the spouse is not on title you need to indicate on the loan application that you are married, and if you don't is fraud. At the time of closing she/he would have to be present. Inform you spouse of your actions.

Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.

The mortgage would have to be refinanced without the participation of the adult child as cosigner. Debts incurred before marriage do not become the responsibility of a new spouse.

The best place to start is updating the deed. Once your deed is updated, you can refinance your home with ease.

You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.

The spouse is not responsible and should not have this on her credit. But the estate of the deceased will still be responsible for the debt.

It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.

If there are payments outstanding, you, the co-signer, are responsible. That's the point of being a co-signer; you agree to pay the debt if the primary cannot.

The estate is required to settle all debts. The spouse will inherit less because of this and may be responsible as a cosigner or holder of the insurance.

It is my understanding that if both are on the mortgage, you must refinance so that you are both not held liable for the balance. If still on the note the other person would not be able to qualify for another house, car, etc. without that being considered as part of their debt.

The marriage is no problem, however the new spouse is not protected in the reverse mortgage unless a refinance is done into both of their names. As a result if the borrower passes away the new spouse will have 6 months to sell the property or refinance it... or to turn it over to the lender.

The primary duty in a marriage contract is the duty to be faithful to your spouse.

Having a cosigner has nothing to do with your marital status. It's all about your credit. If you do need a cosigner for lets say a car loan, then it's better to have your spouse sign than ask a relative/friend to sign. Unless your spouses' credit is bad, then you have to look into a person who has good credit. Hope this helps!

Yes You can not refinance without a court order if the bankruptcy is still open on you.You own the house with your wife and all Your meaning just you assets are frozen until the bankruptcy closes and part of your assets are your part ownership in the house.

You will have to refinance your loan in order to get his name off. The loan now has both of your names on it because you both appied at the same time. This mortgage has to be paid off in order to remove the ex-spouse. That means you will have to apply for a new mortgage in your name only.

If the home is titled in your name only, your ex-spouse should have no need to know about your refinancing it. If your ex-spouse's name remains on the title, your ex-spouse would not only have to know about it, he or she would have to co-sign any promissory note related to refinancing the home loan. No legitimate financial institution would issue such a loan without a co-owner's signature. Moreover, if a loan were secured without the ex-spouse's signature or through fraudulent means, he or she would have a legitimate claim if the property went into foreclosure.

Your primary source of income is from your spouse, so we cannot approve you for the loan.

Absolutely not. Credit card companies/banks would never consider taking such action. It would constitute fraud and would be a criminal and civil offense. There might be a rare instance where one spouse has signed the other's name to an account w/o their knowledge. If this is an issue it is definitely subject to dispute by the innocent spouse.

You can set up a will without a spouse in it. However, the spouse may be able to elect to take against the will.

If the spouse is the owner of the policy, he or she can make whatever changes they wish to the polciy without the consent of the other spouse. The same is not true for retirment plans however such as pensions or 401K's.

The lender must agree, and is unlikely to agree if you cannot refinance.

Most states have a procedure for a spouse or child to change the title of a deceased spouse or parent's motor vehicle to the survivor. This does not change the loan, however, if there is one on the vehicle. You may have to refinance.


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