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Asked in Stratford, CT Apr. 07, 2020 ,  3 answers Visitors: 108
Ex-partner and myself is on mortgage; how do I go about removing my name?

3 Answers

Anonymous
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Posted on / May 05, 2020 07:16:08

If your ex-partner is financially capable of a refinance, this would be the best way to get your name off the mortgage. Otherwise, the only other way to accomplish this would be for your ex-partner to obtain a mortgage assumption by way of a loan modification - this is probably something you'd have to do together.

If any of this sounds like something you will be uncomfortable collectively doing on your own, it may be in your best interest to consult with an attorney in regard to this matter.

Good luck with your case!

Anonymous
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Posted on / Apr. 07, 2020 10:49:13

Generally, a lender will have no reason to remove you from the obligations of a mortgage until the loan is fully satisfied as a result of a sale or refinance.

Anonymous
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Posted on / Apr. 07, 2020 10:22:21

What you have not confirmed is whether you are on title as well as the loan. If on title, bring a partition action to sell the property by court order, and in turn, pay off the loan. That may also force her to refinance. If there is no equity in the property, there is little you can do, but let the property be sold. You are likely to never have to pay anything, but you will take the hit to your credit score.

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