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Can I refinance a property without being on the title/deed?

by dsoll7_259_978 from Huntingdon Valley, Pennsylvania. Feb 12th 2012 Reply


Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,468 contributions

You can NOT refinance a property you don't own.

Feb 13th 2012
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Nathan Rufty (nathan.rufty)
#527 ranked lender in California - 63 contributions

you will need to be on the note or deed to refinance and show that you have been the person making the mortgage payment, but if you are not on the deed or the note then no you are not able to refinance a home.

Feb 13th 2012
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

it depends... you can be on the note and not be on the deed.. if this is the case, then you can refinance... if your not on the note or the deed, then it's not a refinance it's a purcahse... but to be honest, there's just too much information missing to accurately answer your question.. contact a local mortgage broker, not a bank and apply with them.... they have access to numerous lenders and can find the right one for your particular scenario... WilliamAcres.com

Feb 12th 2012
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Geoff Longwell (glongw_557_660)
#45 ranked lender in Pennsylvania - 7 contributions

I'd be happy to discuss the details and advise on your options. www.englendingpa.com

Feb 12th 2012
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Michael Mandis (MarylandMortgages)
#26 ranked lender in Maryland - 14 contributions

if you are to on the deed, but are on the note/mortgage as a co-signer, the actual owner can refinance and you can so-sign again for the refinance. But, like Joe said, you cannot refi a property you do not own.

Feb 13th 2012
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Joe Shamie (Joe Shamie)
#4 ranked lender in New Jersey - 1,412 contributions

You must be on title for at least 6 months prior to your application date in order to be able to be on the note for the new loan.

Feb 13th 2012
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Bert Carpenter (BertCarpenter)
#1 ranked lender in Arizona - 2,300 contributions

Generally the answer would be No. But with more information, such as are you on the current note or why you are not on the deed the answer may be different. I would be happy to give you a more specific answer if you wish to contact me. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Feb 13th 2012
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