Will filing for an assumption get my name off a home mortgage.
by 
LeeLee Chickybabe Avenger SLAB
ANSWERS: 3
-
So far as I know, the only way to get your name off the mortgage is to get your name of the deed or title to the proeprty. That is, you give up any ownership. The mortgage company won't agree to this unless the other owner or owners are sufficiently creditworthy without you. I'm not an attorney or real estate professional.
-
A Quick Deed will get your name off of the Deed or Title ONLY. This is done thru the Title Company. An Assumption can get your name off of the Mortgage ONLY. This is done thru the Mortgage Company.
-
Unfortunately they will hold you responsible until they are paid off.
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC