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    coady102's Avatar
    coady102 Posts: 1, Reputation: 1
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    #1

    Dec 4, 2007, 02:21 PM
    Three names on a mortage-deed
    I currently own a home with two other relatives. We just paid our last mortgage payment three months ago. Can I take out a 2nd mortgage on my 1/3 of the house?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Dec 4, 2007, 06:53 PM
    Depends on 1. the state you live in, 2. the way the names are recorded on the deed.
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