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I have mortgage but i would like to delete my name and put my brother name.?
Wiki User
∙ 14y ago
That's illegal (it's fraud).
Wiki User
∙ 14y ago
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What happens if your mother dies and she owns the mortgage on your brother's house but your brother is the only one on the deed?
Chances are that you mother owned the property, borrowed against it and then deeded it to your brother. Your brother took title subject to the mortage. The best thing to do is to encourage your brother to refinance and get a loan in his name. The existing loan might have a clause that accelerates payment in case of the death of the borrower. It is unclear if the lender would be willing ot continue accepting the payments, but your brother will lose the house in foreclosure if he doesn't make the payments.A Different PerspectiveYou stated that your mother owned the mortgage. That sounds like your brother purchased a home and your mother loaned him the money. That means your brother owes a debt to her estate. If she had a will her property, including the mortgage, will pass according to the provisions in the will. If she died intestate, without a will, her property, including the mortgage, will pass to her heirs at law according to the state laws of intestacy. Your brother owes the balance of the mortgage to his mother's heirs and that may include himself. You can check the laws of intestacy for your state at the related question link provided below. You can add more details on the discussion page.
Which companies offer free mortgage quotes?
Most banks offer free mortgage quotes, but if you would like to shop around you can find mortgage quotes and comparison from companies like Mortgage Loan, Bank Rate or Realtor.
Can you delete a the slap account?
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How can one sort through variable rate mortgages?
Variable rate mortgages are mortgages that are not fixed. A person would have to decide which mortgage they would like to try for, either a fixed mortgage rate or a variable rate mortgage.
What does it mean when a girl says your like her brother so she can't go out with you?
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How does a home equity loan work?
It's like a second mortgage on your home. They would evaluate the worth of your house minus the amount owed on the first mortgage and loan you a percentage of the difference. You would have to pay two mortgage payments.
How many home mortgage companies are there?
There are many different home mortgage companies. A few examples would be to obtain a mortgage through an individual's banking institutions, such as Chase Bank and the like.
How many times can a mortgage be refinanced?
How many times would you like to? It is your call.
How do you delete from Ipad?
If you are using iBooks, go into your library, tap edit in the top right corner, select the book(s) you would like to delete, and then tap delete.
Could you please make a sentence if I were younger brother?
If I were a younger brother I would get my way more often. If I were a younger brother I would envy my older brother. If I were a younger brother I would pester my sister. If I were a younger brother I would have a crush on my sister's friends. If I were a younger brother I would want to play with my brother's toys. If I were a younger brother I would not like hand-me-downs.
