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Yes you can get refinanced up the day they forclose If you are the owner of this property, and you are the one responsible for making payments, and you are the one who is on title, and you are really the one that is the real owner of the property, do not try to bring in a straw buyer - it is a federal offense and you will go to jail. If anyone tells you to stop making payments on your home to qualify for a loan modification, or to stop foreclosure, they are wrong. Honesty must be your number one priority. If someone tells you not to send your mortgage payment to qualify for a loan modification, don't do it. Lenders will work with you, they are stakeholders in your investment, they are investors in your property, just like you.
What else can I help you with?
Can I refinance with a cosigner?
Yes, you can refinance with a cosigner. This involves replacing your current loan with a new one that includes the cosigner's credit and income to potentially get better loan terms.
Can my cosigner take their name off the loan without my permission?
The only way to take a cosigner off of a loan is to refinance it.
If you refinance the house after a year can you take the cosigner off the mortgage loan?
Yes.
Can the primany buyer of an auto loan refinance the auto loan in the cosigner's name only?
No. The cosigner would have to apply for a loan in their name using their credit, income data.
Can a cosigner let a lender foreclose on a house instead of making payments when the primary borrower has defaulted?
Yes, but the cosigner will still be legally responsible for any outstanding fees, penalties, deficiencies and so forth that may occur due to the foreclosure. The cosigner's credit will also be significantly damaged by the foreclosure and any other action by the lender.
Can I refinance with a cosigner?
Yes, you can refinance with a cosigner. This involves replacing your current loan with a new one that includes the cosigner's credit and income to potentially get better loan terms.
Can you refinance after forecloser?
After a foreclosure you no longer own your property. You have nothing left to refinance.
Can my cosigner take their name off the loan without my permission?
The only way to take a cosigner off of a loan is to refinance it.
Can you refinance your car without a cosigner if your current loan has a cosigner?
if you take it to your personal bank and ask them how much you need to have paid already they can indeed refinace you and remove the cosigner
If you refinance the house after a year can you take the cosigner off the mortgage loan?
Yes.
Can a cosigner who is a spouse refinance without the primary spouse?
Not if you are both on Title unless they forge your name.
Can the primany buyer of an auto loan refinance the auto loan in the cosigner's name only?
No. The cosigner would have to apply for a loan in their name using their credit, income data.
Can a cosigner let a lender foreclose on a house instead of making payments when the primary borrower has defaulted?
Yes, but the cosigner will still be legally responsible for any outstanding fees, penalties, deficiencies and so forth that may occur due to the foreclosure. The cosigner's credit will also be significantly damaged by the foreclosure and any other action by the lender.
Can you buy a home after foreclosure with a cosigner?
Yes. And you may be able to buy it without a co-signer.
How do you stop foreclosure and eviction?
The best way to stop foreclosure is to stop in occurring this event to happen.
What if the primary borrower can not pay for the house can the cosigner let the house go?
If the primary borrower cannot make mortgage payments, the cosigner is also legally responsible for the loan and may need to step in to cover the payments to avoid foreclosure. If the cosigner lets the house go into foreclosure, it can significantly impact their credit score as well. Additionally, lenders may pursue the cosigner for any outstanding balance after the foreclosure, making it essential for both parties to communicate and explore options, such as selling the property or negotiating with the lender.
If you are financing a vehicle can you remove the co-owner from the vehicle?
Only if you refinance the vehicle without the cosigner on the new loan.
