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joint mortgage divorce

My husband and I are getting divorced and we happen to have a joint mortgage. What is the easiest option to remove my name from the mortgage? I do not want my credit to be damaged if any payments are missed by CDevil_257_656 from Deerfield Beach, Florida. Aug 28th 2012 Reply


Refi: would be the way to go. If we can help, I am available at 1.800.218.6402 x189 or otto@forresttrust.com Otto

Aug 28th 2012
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

So by your question I have to assume that he gets the house.. By him refinancing or paying off the mortgage, he can remove your name from the obligation.. There is no other way to remove you from this loan... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Aug 28th 2012
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

You can have your husband refinance and you will have to sign a quit claim deed at or prior to the closing on his refinance.

Aug 29th 2012
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Curtis Heaton (Curtis)
#50 ranked lender in Kansas - 2 contributions

I reccommed that he refinance the property. Many attorney' suggest that you sign a quit claim deed however you then have a contingent liability. Not so good for you.Let me know if I can be of further assistance.Curtis

Aug 28th 2012
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Melvin List (melvinlist)
#144 ranked lender in Florida - 124 contributions

That is correct the only way to remove your self from the liability is to have him refinance in his name only.

Aug 28th 2012
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Craig Prickett (cpmtgnow)
#160 ranked lender in Florida - 98 contributions

Qualify and refinance in your name, or have him refinance in his name only. Im in Pembroke Pines 954 558 4430 Loan Simple www.firstfloridafin.com Craig

Aug 29th 2012
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