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Nov 14, 2024
6:00
:51
pm
byubyu
Truly Addicted User
Is there any way to remove an ex spouse from a mortgage without having to
refinance and lose the very desirable interest rate?
The ex is on board and cooperative, but would like to be clear of the obligation soon. Both spouses are currently on the mortgage.
This message has been modified
Originally posted on Nov 14, 2024 at 6:00:51pm
Message modified by byubyu on Nov 14, 2024 at 6:03:20pm
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byubyu
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byubyu
Joined
Jun 28, 2006
Last login
Nov 14, 2024
Total posts
67,333 (3,066 FO)
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Messages
Author
Time
Is there any way to remove an ex spouse from a mortgage without having to
byubyu
Nov 14, 6:00pm
No. You have to refinance. You can remove her from ownership of the home (but
Manti
Nov 14, 6:01pm
I would offer her a cash payment to stay status quo as long as possible
Iman23
Nov 14, 6:02pm
Nope.
mulletino
Nov 14, 6:03pm
What if the ex dies? Do they make you refinance?
byubyu
Nov 14, 6:04pm
Nope. 😂
mulletino
Nov 14, 6:06pm
“Lenders hate this one trick”
NarfUte
Nov 14, 6:06pm
Not if you write a children's book teaching them how to cope with loss immediately afterward...
foofcoug
Nov 14, 6:08pm
RE: Not if you write a children's book teaching them how to cope with loss
byubyu
Nov 14, 6:10pm
RE: Not if you write a children's book teaching them how to cope with loss immediately afterward...
RootieBoy
Nov 14, 6:16pm
RE: Not if you write a children's book teaching them how to cope with loss immediately afterward...
Cougar-Duck
Nov 14, 7:02pm
Have her quit claim you her interest in the property.
Veracruz
Nov 14, 6:13pm
It's not me and they aren't worried about that. It's him needing to get rid of
byubyu
Nov 14, 6:14pm
The person that kept the house has to refinance. Or they sell the house.
Manti
Nov 14, 6:21pm
If they're both owners of the home, she can't use it as collateral for anything
Manti
Nov 14, 6:21pm
Why the thumb down?
Manti
Nov 14, 6:40pm
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