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You need to review your mortgage documents. Mortgages have boilerplate language that includes a "due on transfer"clause. That means the lender can demand payment in full in the event of any transfer of interest in the property. Adding names would require the drafting and recording of a deed and that would be a transfer of interest.

You should discuss your plan with the lender.

You need to review your mortgage documents. Mortgages have boilerplate language that includes a "due on transfer"clause. That means the lender can demand payment in full in the event of any transfer of interest in the property. Adding names would require the drafting and recording of a deed and that would be a transfer of interest.

You should discuss your plan with the lender.

You need to review your mortgage documents. Mortgages have boilerplate language that includes a "due on transfer"clause. That means the lender can demand payment in full in the event of any transfer of interest in the property. Adding names would require the drafting and recording of a deed and that would be a transfer of interest.

You should discuss your plan with the lender.

You need to review your mortgage documents. Mortgages have boilerplate language that includes a "due on transfer"clause. That means the lender can demand payment in full in the event of any transfer of interest in the property. Adding names would require the drafting and recording of a deed and that would be a transfer of interest.

You should discuss your plan with the lender.

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13y ago
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13y ago

You need to review your mortgage documents. Mortgages have boilerplate language that includes a "due on transfer"clause. That means the lender can demand payment in full in the event of any transfer of interest in the property. Adding names would require the drafting and recording of a deed and that would be a transfer of interest.

You should discuss your plan with the lender.

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