QUESTION

GET NAME OFF MORTGAGE LOAN

Asked on May 08th, 2013 on Real Estate - New Jersey
More details to this question:
need to know how to get name off mortgage that i owned house with girlfriend and how much it will cost to do that and what are my first steps
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1 ANSWER

Elder Law Attorney serving Toms River, NJ
Partner at Diana L. Anderson
2 Awards
You cannot just take your name off of the mortgage.  Who ever holds the mortgage will have to agree, and your girlfriend will have to qualify for the new mortgage on her own.  It will be as if the mortgage was refinanced if the mortgage is held by a bank. You should start by getting your girlfriend's consent to do this, and finding out if she can qualify for a mortgage.
Answered on May 09th, 2013 at 3:24 PM

Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship

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