Qualifications aside, any lawful borrower may go on a mortgage loan with another lawful borrower. Two issues that cause people to question this are: 1) Title vesting. Anyone who seeks to be considered for a mortgage loan must be on the title of the home. Parent and daughter must BOTH be on title. 2) Occupany status. If the parent does not live with the daughter, is the home owner occupied or not? This determination can vary by lender. Make sure this is clarified up front as it may drastically change your loan options.
Yes, they can.
Take a copy of your deed. Go the the county courthouse. Go to the tax assessor's office. Add her name.
The lender owns the mortgage and a lender will not generally remove any name from the obligation to pay. The only way for you to get your daughter's name off the debt is to pay the loan off and refinance in your own name.
To compare mortgage you can go to websites that have mortgage calculators, you would just search mortgage calculator. With a mortgage calculator you can easily compare mortgage rates.
In order to find a good mortgage rate one can go to many places. One can go to different banks to search for the best rate, or they could go to any mortgage rate comparing site like Mortgage News Daily.
Yes, they can.
I assume you notified the mortgage company that the daughter is making the monthly mortgage payments on behalf of the mother. If that is the case, the daughter really isn't benefitting from making these payments from the credit agencies, proving mortgage history, and establishing credit on her own. Essentially, the mother would have to refinance the loan to get the daughter on the mortgage with her in order for the daughter to benefit. Even a quit claim deed would only add the daughter to the title, and the mother would ultimately be responsible for the monthly mortgage payments. I hope this information helps. Regards, Total Mortgage Services
Yes, if you are the owner of the mortgage or the mortgagee.Yes, if you are the owner of the mortgage or the mortgagee.Yes, if you are the owner of the mortgage or the mortgagee.Yes, if you are the owner of the mortgage or the mortgagee.
The cast of A Mortgage on His Daughter - 1915 includes: Kitty Howe Hank Mann Peggy Pearce
Yes, and you can bet they will. You need a lawyer as well!
Typically, to be eligible to be added to a reverse mortgage, the son or daughter would need to meet the age requirement. If they are not yet 62 years old, it may not be possible to add them to the reverse mortgage. It would be best to consult with the reverse mortgage lender or a financial advisor to explore available options.
Take a copy of your deed. Go the the county courthouse. Go to the tax assessor's office. Add her name.
The lender owns the mortgage and a lender will not generally remove any name from the obligation to pay. The only way for you to get your daughter's name off the debt is to pay the loan off and refinance in your own name.
To compare mortgage you can go to websites that have mortgage calculators, you would just search mortgage calculator. With a mortgage calculator you can easily compare mortgage rates.
There are several websites that helps an individual go about generating mortgage leads. Examples would include Mortgage Leads, Eleadz, and Big Mortgage Leads.
No
In order to find a good mortgage rate one can go to many places. One can go to different banks to search for the best rate, or they could go to any mortgage rate comparing site like Mortgage News Daily.