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can I refinance the loan if im not on the title?

trying to help out a friend. dont want to be on the title, just refinance the mortgage loan in my name to lower the payments. is this possible? by geoffr881 from Detroit, Michigan. 13 days ago Reply


You would need to be added to the title in order to refinance the mortgage. Your friend can also stay on the title.

12 days ago
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AUSTIN OJIMGBA (ustino)
#2 ranked lender in California - 7 contributions

Without you being on the title it will be impossible to refinance the mortgage,no Lender will consider such situation.

9 days ago
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,930 contributions

No. You can't refinance a home you don't own. You would have to have the owner write up a Quit Claim Deed, adding you as an owner. Then after usually a six month waiting period, you could refinance as an owner. Of course this means you are an owner, you are on time, and you are 100% legally responsible for everything. The other person can stay on title and remain an owner.

7 days ago
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