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Since the house was used as collatoral for the loan you would have to use your equity in the house to pay off the loan.

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19y ago

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If you paid the equity to your spouse from your divorce and obtain a quick claim deed can his name be dropped from the deed without refinancing?

It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.


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.


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.


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.


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.


Can your cosigner refinance your car without your permission?

No. As the one who originally took out the loan, they cannot refinance your car loan without your permission. The only thing they can do (and have to do) is to pay your payments if you default on the loan.


Can you refinance home equity loan without touching the first loan?

That's what a refinance is changing the terms. However, if you have equity, can get a 2d as alternative.


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 loan without changing the interest rate?

To refinance a loan without changing the interest rate, you can focus on extending the loan term or negotiating for lower fees. This can help lower your monthly payments without affecting the interest rate.


Can you divorce your mate without telling them?

no , they have to sign the divorce papers.


If you bought a house and had it financed with a cosigner are they on the deed and if you are able to refinance yourself can you do it without them?

Since you are both on the loan you are both on the title. You can refinance without them on the loan but would need them to sign the title over or transfer at close.

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