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Q: Does a borrowers husband who is not on the loan have to remain on title in the state of VA?
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How can one remove a cosigner from an equity loan if the cosigner is not on the first mortgage title?

The title has nothing to do with the loan. The loan will need to be refinanced using a different cosigner or only the primary borrowers.


Can a person be put on the house title without being put on the loan?

I'm not sure if it varies from state to state, but we were able to do that. The mortgage is in my husband's name, yet both of our names appear on the deed.


Can a bank give a mortgage commitment for a purchase of a home if the title to the home is not cleared?

Most banks will give potential borrowers a loan commitment, even if the title is not clear because the banks reserve the right to deny final approval and funding of the loan if the title is not cleared by the time of the closing. A loan commitment does not mean much else than that the bank is willing to lend money to the borrowers based on their credit history and financial status -- not that the home is ready to be transferred and the bank will participate in it.


If you buy your mom's house but she will still live there does she have to remain on title?

If you buy something, then, it belongs to you, regardless of who you bought it from. Answer - She will no longer be on the title or mortgage.


If two people have signed on a first mortgage as co-borrowers can one of them get a home equity loan without the other's signature?

This depends on the state you live in and the lenders requirements. Some states allow "anyone" on title to secure a second mortgage or equity line. Other states require that "everyone" on title sign for second mortgages and EQ lines. Lenders are increasingly requiring all titled partied to sign for a new loan. Some lenders only require that the second party simply sign an acknowledgment. This can be helpful in a case where one of the borrowers has recent credit problems. Now the other borrower can still obtain a 2nd mortgage.

Related questions

Your husband died and he has land that is in another state how do you have your name put on the deed without going to the other state?

Your husband's estate must be probated in that other state in order for title to the property to pass to you.


What are car title loans?

Car title loans are short-term, high-interest loans where borrowers use their vehicle's title as collateral. The lender holds the title until the loan is repaid. Borrowers can typically access a percentage of their car's value. These loans often have steep interest rates and can lead to repossession if not repaid on time.


The significance to the title of the play an Ideal husband?

The significance of the title of the play An Ideal Husband is that there is no such thing as a true ideal husband.


What is the funny life insurance commercial where the wife is talking about the husband like he is dead but then you see him in the background?

It's State Farm. The title is "State of Nostalgia."


Who published The Secret World of Arrietty?

In the US , the book was published by "Harcourt, Brace and Company" under the title of The Borrowers.


Can the co borrowers wife take vehicle from buyers if co buyer is incarcerated?

No. Not unless her name is also on the title. The persons named on the title have equal ownership of the vehicle.


How do you remove husband from joint vehicle title?

THEIR ARE ONLY 3 WAYS THAT THIS CAN BE DONE THAT I AM AWARE OF: 1. IF THE HUSBAND IS ALIVE AND HE IS AGREEABLE TO TRANSFER TITLE. 2. IF YOU HAVE POWER OF ATTORNEY FOR TITLE TRANSACTIONS FROM HUSBAND. 3. IF HE IS DECEASED THEN IT WILL REQUIRE DEATH CERTIFICATE OF HUSBAND.


Can you be on title but not on the loan?

car is in wifes and my name, she got a title loan unknowingly from the husband. She defaulted, can they take the car from the husband?


Can the surviving spouse get the title to a car that is in the deceased husband's name in state of Oregon?

Yes, that is the reason for probate, it so that titles can be transferred to the beneficiaries.


How can one remove a cosigner from an equity loan if the cosigner is not on the first mortgage title?

The title has nothing to do with the loan. The loan will need to be refinanced using a different cosigner or only the primary borrowers.


Does a will over rule a deed or title?

No, a will not over rule a deed or title. For example, if a husband and wife are married and their car is in the wife's name alone, the dead husband's will not overrule the title.


Does the borrowers name have to be the name the car is registered in?

In Mississippi I know that two people can be on a auto loan contract but only one has to be on the title.