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No, you have to refinance the mortgage. The person you want to add to the loan needs to apply with you on the new one.

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19y ago

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How can I add land to my existing mortgage?

To add land to your existing mortgage, you can typically apply for a loan known as a land loan or a lot loan. This loan allows you to finance the purchase of additional land and add it to your existing mortgage. You will need to meet the lender's requirements for creditworthiness and the value of the land being added.


How can I obtain a loan to add on to my house?

To obtain a loan to add on to your house, you can apply for a home equity loan or a home equity line of credit (HELOC) through a bank or financial institution. These loans allow you to borrow against the equity in your home to fund the renovation. You will need to have a good credit score and provide documentation of your income and the value of your home.


How can I obtain a loan to add onto my house?

To obtain a loan to add onto your house, you can apply for a home equity loan or a home equity line of credit (HELOC) through a bank or financial institution. These loans allow you to borrow against the equity in your home to fund the renovation. Make sure to have a good credit score and a stable income to increase your chances of approval.


What are the eligibility criteria for claiming the home improvement loan interest deduction on my taxes?

To claim the home improvement loan interest deduction on your taxes, you must meet the following criteria: the loan must be used to make improvements to your primary or secondary residence, the loan must be secured by your home, and the improvements must add value to the property.


How does one add the closing cost to their home loan?

This could be done by taking out another loan on top of the loan which is already in place, although it would heavily increase the amount you owe and put you in horrific debt.

Related Questions

You cant get a mortgage loan can i put your sister on the loan eventhough she live on a different state?

You can add your sister that lives out of state. One of my personal favorite loan for this is the FHA loan. She will be classified as a "Non-Occupying CoBorrower"


How can I add land to my existing mortgage?

To add land to your existing mortgage, you can typically apply for a loan known as a land loan or a lot loan. This loan allows you to finance the purchase of additional land and add it to your existing mortgage. You will need to meet the lender's requirements for creditworthiness and the value of the land being added.


How do you add your child as joint tenant to your home loan?

How do you add your child as joint tenant to your home loan


Still have loan on vehicle can tags be turned in?

Yes in Virginia, but your finance co. will still require you to insure vehicle or they will add it on to your existing loan.


How can I obtain a loan to add on to my house?

To obtain a loan to add on to your house, you can apply for a home equity loan or a home equity line of credit (HELOC) through a bank or financial institution. These loans allow you to borrow against the equity in your home to fund the renovation. You will need to have a good credit score and provide documentation of your income and the value of your home.


is there a way to get a home loan and add whatever i have credit report to it ?

You are probably looking for a home equity loan, please check out www.ditech.com, which advertises very heavily on TV, for this.


How can I obtain a loan to add onto my house?

To obtain a loan to add onto your house, you can apply for a home equity loan or a home equity line of credit (HELOC) through a bank or financial institution. These loans allow you to borrow against the equity in your home to fund the renovation. Make sure to have a good credit score and a stable income to increase your chances of approval.


What are the eligibility criteria for claiming the home improvement loan interest deduction on my taxes?

To claim the home improvement loan interest deduction on your taxes, you must meet the following criteria: the loan must be used to make improvements to your primary or secondary residence, the loan must be secured by your home, and the improvements must add value to the property.


If you already have a school loan do you need to reapply the next year?

It depends on where you are. Some may simply let you add onto the existing loan and building it up in one lot; others require you to gain a new loan at the beginning of each year or for each course as it begins.


How does one add the closing cost to their home loan?

This could be done by taking out another loan on top of the loan which is already in place, although it would heavily increase the amount you owe and put you in horrific debt.


Is there a good loan payoff calculator online?

Calculate payments and payment amount to payoff a loan. You can add this loan payoff calculator to your site as a tool for your customers and keep them coming back to your website. This online calculator will integrate right into your existing website automatically. Customize your loan payoff calculator with the style and look of your site while promoting your own products and services. Add a contact form, and use the calculators as an online lead generator. To add this calculator to your site call 800.426.4741.


If you purchased your home before you got married and now your spouse wants to be on the loan do you refinance in order to add him?

you just need to add your spouse to the deed. your banker can help you with that