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FHA Loan Questions: Divorce, Refinancing – FHA Loan Questions: Divorce, Refinancing. A reader asks, "My husband is a co-borrower on a 2nd mortgage or loan with his ex-wife. In the divorce decree it stated that she was to have the loan refinanced so his name would no longer be on the loan.
50+ Pieces of Divorce Advice Your Lawyer May Not Have Told. – · Karen Covy is a divorce advisor, attorney, author and a divorce coach. She is committed to helping those who are facing divorce get through the process with the least amount of conflict, cost and collateral damage possible.
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Keep the House and Refinance the Mortgage | DivorceNet – Keep the House and Refinance the Mortgage. If either spouse wants to keep the family home after a divorce, refinancing is often necessary in order to "buy-out" the other spouse’s interest in the property. By Lina Guillen, Attorney.
How long do you have to wait to refinance – answers.com – How long do you have to wait to refinance?? Ok this all depends on a couple of items. First did your loan have a prepayment penality??. If so I would recommend you wait until that period of time.
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Removing Spouse's Name on House Mortgage During Divorce – Removing Spouse’s Name on House Mortgage During Divorce.. Once you’ve been informed that your refinance has been approved, you should have your spouse’s name taken off of the deed to the property as well as the mortgage. Typically, you do this by filing a quitclaim deed, in which your.
5 secrets from the millionaires next door – But divorce can dramatically shrink your wealth. Paying off a single mortgage over time, or refinancing only to shorter-term loans, can leave you with a ton of equity that you can borrow against in.
Divorce And Mortgage Questions – WomansDivorce.com – Tanya’s Question: My divorce was final almost 8 months ago, but we still own a home together. According to the settlement, we are both responsible for the mortgage until the house sells. My ex-husband says he will try to refinance the loan, but there’s a good chance he won’t get approved due to the amount owed and he can’t afford it on his own.
Law talk: Ex-husband tries to block sale of house – Our divorce decree says I must sell when our youngest child graduates. However, he does not want to sell now due to the lousy market and would rather wait until prices come up. He says he will.
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