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Re:mortgage company approval to record a deed (0 viewing) 
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TOPIC: Re:mortgage company approval to record a deed
jano (Moderator)
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Re:mortgage company approval to record a deed 8 Years, 7 Months ago Karma: 0  
The mortgage company has the right to demand additional guarantors on the mortgage if other persons are added to the deed. So, your options are to:

1. Add your spouse to the mortgage and get an updated title commitment
2. Get a new mortgage with your spouse and pay off the old one
3. Add your spouse to the new deed but dont record the deed until after your mortgage is paid off or until the first to die. This option should be your last choice, as you want to record the deed and gain creditor protection if you live in a state that offers husband and wife tenants by the entirety protection.
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mortgage company approval to record a deed
Jackie 2011/01/14 00:27
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thread linkthread link Re:mortgage company approval to record a deed
jano 2011/01/17 22:05
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