Assuming you already have a loan in your name, and assuming this loan was approved in the last 20 years or so, no. You can't change a loan from one person to another. The only way to change a loan is to get a new loan. Remember the bank needs to be sure your boyfriend is credit and income-worthy of the loan, just like they did with you. Assumable mortgages have not been around in a long time. Nowadays, loans are unassumable, meaning each time a loan is received, it must go through the process of approval with the bank. If I misunderstood you, and you were really asking can the deed have the names changed, sure. That's just a quit claim deed. However, no matter what the deed says as far as ownership is concerned, the loan will still be in your name until a new loan is received.
You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.
The only way to take a cosigner off of a loan is to refinance it.
Only the lender can remove your name from a loan. This matter must be addressed in the separation agreement. The person who is keeping the car must refinance it in their sole name and pay off the prior loan.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
If the loan hasn't been processed then stop the application. If the loan has already been processed you need to wait until it's paid off. You can't take your name off it unless the lender agrees in writing.
You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.
If you co-signed a car loan you can't take your name off the loan. If you co-sign for someone with no credit or poor credit you are promising to pay off the loan if they don't. The only way to get your name off the loan is to pay it off or have the borrower refinance the loan in their own name.
The only way to take a cosigner off of a loan is to refinance it.
The loan agency can't take his name off of the title. The DMV can. The agency COULD take his name off of the loan, but they WON'T. They want to be able to collect from him if you don't make the payments.
Only the lender can remove your name from a loan. This matter must be addressed in the separation agreement. The person who is keeping the car must refinance it in their sole name and pay off the prior loan.
Only if the loan has been paid off.
Most likely you would have to officially take over the loan.
they h ave to get a loan to pay off your loan and free up the title and then it will be in their name.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
Pay off the loan. Ypu may even take out a new loan in your name, and use that money to pay off your father's loan and get the title.
The how-to depends if there is a loan (lien) on the vehicle. If there is NOT . . . simply take both parties to the dept. of motor vehicles and apply for a new title in whatever name(s) you like. NOTE: The departing person must willingly sign off. If there is a loan, the person wishing to take sole responsibility for the vehicle (and the loan) must apply to be able to take over the loan (and the payments) and if approved, title will be issued in that person's (and the lender's) name.
The loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one name