0
If you are going through a divorce can one spouse sign over their half of the mortgage to the other party without having to refinance?
It is my understanding that if both are on the mortgage, you must refinance so that you are both not held liable for the balance. If still on the note the other person would not be able to qualify for another house, car, etc. without that being considered as part of their debt.
What else can I help you with?
Is it possible to refinance a mortgage without requiring an appraisal?
Yes, it is possible to refinance a mortgage without requiring an appraisal through certain programs such as the FHA Streamline Refinance or the VA Interest Rate Reduction Refinance Loan (IRRRL). These programs allow for refinancing without a new appraisal under certain conditions.
Is it possible for my mortgage company to lower my interest rate without requiring me to refinance?
Yes, it is possible for your mortgage company to lower your interest rate without requiring you to refinance through a process called a loan modification.
How do you get your ex off of the mortgage without refinancing?
You can't. You must refinance.
How can I refinance my mortgage without a job?
get a job u lazy heffer
How can I refinance my home without equity?
To refinance your home without equity, you can explore options such as a cash-out refinance, a home equity loan, or a government-backed program like the FHA Streamline Refinance. These options may allow you to refinance your mortgage even if you don't have significant equity in your home.
How do you remove someone as a co-borrower on a mortgage?
Refinance the lending agreement without the person's being a participant.
I want to refinance and pay down my existing mortgage by nearly half, in order to make my monthly payments smaller. Can I do this with a "no cost" refinance and not borrowing any money in the refinance?
I think if you can effort for it you can have a refinance without borrowing the money.
If I choose to refinance my first mortgage, will it have an effect on my second mortgage for the same property?
Yes it usually does. Most often you can not refinance unless you pull both mortgages into one and you can't do that without equity. My parents have this problem now.
Can a cosigner be removed from mortgage loan?
No. The loan must be paid off and you must refinance without the co-signer.
Has anyone applied for refinance with American Home Mortgage?
yes we did in April of 2007. We have numerous of questions without answers, can you help?
How can I terminate my ex-partner's obligation on a mortgage loan without removing him from the mortgage loan as I won't be approved for a refinance if I have sole responsibility for the loan?
No you can not. The best you can do is take him off the deed by having him sign a quick claim deed. You will need to qualify for a refinance to get him off the loan.
I am going through a divorce, my ex-wife needs to refinance,but we owe more than the house is worth we have a 1st&2nd fixed and never missed a payment in 10 yrs.also have a 740 credit score what can she do need my name off of the house.owe 300k worth 250k?
You cannot get your name off the mortgage unless you refinance. You may be able to have her refinance the home if you sign a note for the difference between what she can finance for and what is owed. You can also contact the first and second lienholders and request a short sale without recourse.
