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If you want to take your name off the property and mortgage, yes. Also, most modern mortgage documents contain a "due on transfer" clause. If you execute a quitclaim deed the bank can demand full payment of the debt immediately. You should speak with a bank representative to discuss the changes you want to make.

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Q: Will the mortgage company require refinancing with a quitclaim deed transfer?
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Related questions

Where can I find online tips for refinancing?

Check with your mortgage company, as each mortgage company will have different obligations that you need to fulfill before you can refinance your mortgage. For example, you might not be allowed to be "underwater," or you might have had to make your payments on time for at least 6 months before refinancing.


Which mortgage company would receive a check that was issued for hurricance damage during a refinancing?

These types of checks are often given directly to a mortgage company - to ensure that the work is done and the damages are fixed. The check would most likely be issued to the mortgage company that the insurance company has on file. It will be up to you to keep your agent or insurer informed of the details regarding the refinancing.


Does the grant deed already provide what a quitclaim deed would your mortgage company is asking for a quitclaim deed but you already have a grant deed Is it possible to get both?

The grant deed and quick claim deed are very different. It is possible to get both for the mortgage company. You will need to visit a title company for more details on your specific situation.


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There are a variety of services that are offered by the TILA Mortgage company. The Seattle based company TILA offers mortgage refinancing, home loans, FHA loans as well as VA loans.


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Colorado Springs Mortgage usually offers all the types of mortgage you would normally find in a mortgage company such as refinancing and fixed mortgages.


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To get mortgage refinancing costs, one needs to speak to a representative of the current mortgage company. Alternatively, one should seek advice from a financial adviser.


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Where can one find information on bad credit mortgage refinancing?

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