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Generally, to remove one person from a mortgage that person must transfer their interest to the other and then the remaining sole owner must refinance the property in their sole name. The existing mortgage must be paid off.

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14y ago

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How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


How do you get your ex-spouse off the mortgage agreement without spending a lot of money?

You will have to refinance your loan in order to get his name off. The loan now has both of your names on it because you both appied at the same time. This mortgage has to be paid off in order to remove the ex-spouse. That means you will have to apply for a new mortgage in your name only.


How can I have my daughter's name removed from a mortgage?

The lender owns the mortgage and a lender will not generally remove any name from the obligation to pay. The only way for you to get your daughter's name off the debt is to pay the loan off and refinance in your own name.


When can you eliminate mortgage insurance from your loan?

You can eliminate mortgage insurance from your loan when you have paid off at least 20 of the home's value.

Related Questions

How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


How can you get your name off a loan when you're divorced and signed a quit claim deed?

You would have to refi to get your name off of the mortgage.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


How do you get your ex-spouse off the mortgage agreement without spending a lot of money?

You will have to refinance your loan in order to get his name off. The loan now has both of your names on it because you both appied at the same time. This mortgage has to be paid off in order to remove the ex-spouse. That means you will have to apply for a new mortgage in your name only.


What happens to the joint mortgage holder of a take over mortgage if the original mortgage holder pays the loan?

The joint person is still responsible until the loan is paid off or refinanced out of the person's joint name.


Does paying off another person mortgage payments help your credit?

No. Not if your name isn't on the loan.


How can I have my daughter's name removed from a mortgage?

The lender owns the mortgage and a lender will not generally remove any name from the obligation to pay. The only way for you to get your daughter's name off the debt is to pay the loan off and refinance in your own name.


When can you eliminate mortgage insurance from your loan?

You can eliminate mortgage insurance from your loan when you have paid off at least 20 of the home's value.


Should you pay off a default loan before or after you apply for a Mortgage?

You should pay off your default loan before because you may not qualify for a mortgage loan because you already owe money.


What are the differences between an open mortgage and a closed mortgage?

An open mortgage allows you to pay off the loan at any time without penalties, while a closed mortgage has restrictions on prepayment and may have penalties for paying off the loan early.


An informal name for a mortgage?

Home loan


How can I remove a co-signer from my mortgage?

To remove a co-signer from your mortgage, you typically need to refinance the loan in your name only. This involves applying for a new loan based on your creditworthiness and income alone. Once approved, the new loan will pay off the existing mortgage, effectively removing the co-signer from the obligation.