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    ldyjbw's Avatar
    ldyjbw Posts: 2, Reputation: 1
    New Member
     
    #1

    May 17, 2008, 07:12 PM
    Mortgage Not In My Name
    My daughter in law is on mortgage of a house that I have paid for since day one; she now wants her name off and for me to get my name on house.. How do I do this?
    Handyman2007's Avatar
    Handyman2007 Posts: 988, Reputation: 73
    Senior Member
     
    #2

    May 17, 2008, 07:17 PM
    Take this up with a mortgage banker. If she is on the mortgage, she is one of the prinicpals responsible to pay the mortgage off. You need to talk to the bank about this.
    ldyjbw's Avatar
    ldyjbw Posts: 2, Reputation: 1
    New Member
     
    #3

    May 17, 2008, 07:21 PM
    Thanks
    Fastfun1's Avatar
    Fastfun1 Posts: 80, Reputation: 11
    Junior Member
     
    #4

    May 17, 2008, 07:21 PM
    I'll preface this post by stating the following, this is lender dependent. With that being said, if you have been paying the note from your own funds for 12 months or more, and this can been proven via cancelled checks, you do have "equitable interest" in the property. Having equitable interest will allow you to refinance solely in your name while your daughter quit claims off title at closing. It is completely legal and you will need a reputable lender that knows what he or she is doing to complete the refinance.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #5

    May 17, 2008, 08:19 PM
    Often you will have to do a refi, either with current lender or another bank

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