0
Do you have to have a deed for someone to pay off your mortgage?
Wiki User
∙ 12y ago
No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.
No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.
No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.
No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNo. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.
Add your answer:
Earn +20 pts
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.
What happens when you pay off your house?
You own it and no longer need to pay a mortgage. You get the deed to the house and are free to do whatever you want to.
If the holder of second trust deed forecloses first does it have to pay off the full amount owed to the first trust deed?
If the holder of the second mortgage, or deed of trust, forecloses, that lender takes the property subject to the first mortgage or deed of trust.
Are you a homeowner if you pay mortgage?
You are, but your mortgage company is on the deed and is also considered an owner of your home.
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 do you fill out quit claim deed when husband has left town and wants name off of mortgage and or title?
You cannot take your husband's name off the mortgage. You must refinance in your own name and pay off the prior mortgage. You should have a deed drafted by an attorney.
What happens to the mortgage if you sell deed with right of survivorship?
You must notify the bank of the transfer and arrange to pay off the mortgage in full.
What happens when you pay off your house?
You own it and no longer need to pay a mortgage. You get the deed to the house and are free to do whatever you want to.
If the holder of second trust deed forecloses first does it have to pay off the full amount owed to the first trust deed?
If the holder of the second mortgage, or deed of trust, forecloses, that lender takes the property subject to the first mortgage or deed of trust.
Do you have to be on the deed to sign a mortgage married nj?
You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
I don't want to lose my home to foreclosure. Can I deed it as gift to family?
Yes but someone still has to pay the mortgage.
Are you a homeowner if you pay mortgage?
You are, but your mortgage company is on the deed and is also considered an owner of your home.
How can you become the owner of someone else land?
You can convey your interest in land by executing a deed that transfers your interest to a new owner. However, if you also signed a mortgage, conveying your interest in the land by deed will not affect your responsibility to pay the mortgage.
If one person is on the deed and two people signed the note can the person on the deed sell the property without permission satisfy the mortgage and collect the proceeds?
Of course. A person who signs a note and is not on the deed is simply a volunteer. They have volunteered to pay a mortgage on property they don't own if the primary borrower defaults. The owner of the property can sell the property and pay off the mortgage from the proceeds at any time.
Does a co-signer on a mtg get any rights to the property if the main borrower dies?
That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.
