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I hold my daughters mortgage can I assign that to my wife?

by em4444156 from , California. 7 days ago Reply


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7 days ago
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You can change title at anytime. If you are talking about the loan, she would have to refinance and qualify for a new loan that would pay off the old one.

7 days ago
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Lorne Harvey (lorneharvey)
#1 ranked lender in Washington - 426 contributions

Correct, you can change the vesting on title but to change the loan, it would need refinanced.

5 days ago
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,651 contributions

Not sure what you mean by "hold your daughters mortgage?" You have a contract for deed with her? You have a regular mortgage on the house in your name? You can add or subtract people for the legal title (ownership) of a home anytime very easily with a Quit Claim Deed. This would not change any mortgage loan. To change a mortgage loan, the loan would have to be refinanced.

5 days ago
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