Sentences with phrase «refinanced out of my name»

Not exact matches

Beneficiaries that can not make the mortgage payment but wish to keep the family home have the option of refinancing and taking out a new mortgage in their own names.

When my husband and I got married we bought out his friend's half of the loan and refinanced to get his name off and my name on the loan.

Unfortunately, there is no way for a co-signer to remove their name from a loan other than by the individual taking out the loan's request or refinancing of the loan.

Attempting to navigate the process of refinancing mortgages out of the name of a LLC and into your own name with a conventional mortgage can be a lot like walking across a minefield with a blindfold on.

You can allow your spouse to buy out your share of the home's equity and simultaneously eliminate your liability for the mortgage by stipulating that your spouse refinance the property into her own name.

I've seen people refinance out of their existing auto loan and put it into the (name of the) spouse who doesn't have the income,» Dacey says.

Yes, in that case, you would have to transfer the property out of the S corp to refinance it because fannie rules only allow mortgages in a person's name, and then that transfer out of the s corp is a «sale.»

(In order to close the refinance transaction, ownership must be transferred out of the LLC and into the name of the individual borrower (s).