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are the Loan and the title separate?

Does my co-signer have to be on the title? My x-wife is agreeing to co-sign, but I do not want her on the loan and I wanted to make sure that was not the case before I agreed to this. thanks for the hesds up guys! by delpino402 from Victorville, California. 12 days ago Reply


Ralph Richard Guertin (ralph@absolutelowrates.com)
#1 ranked lender in Florida - 763 contributions

co-signer has to be on the loan, title is separate ..and in Florida all borrowers do not have to be on Title but everyone on Title does have to be on the loan

10 days ago
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,829 contributions

YES. If the person is on the loan, they must be on title. So if she is co-signing, this isn't some sort of after thought action. She is a 100% co-owner, and jointly responsible for making the payments, just like you. You can remove her from title of the property AFTER the fact with a Quit Claim Deed, but that will not remove her from the loan, or legal responsibility to make the payment.

7 days ago
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