How to remove your name from a mortgage without refinancing
Parents can exit a family mortgage by forgiving the loan and releasing the lien. A home under construction at the Magnolia Ridge subdivision is shown in Magnolia in August.
Q: My wife and I loaned our daughter and her boyfriend, who is now her husband, money to buy a house several years ago. At the time, he had poor credit, so his name was not put on the title or the mortgage. Nine years later, it's time to get our names off the paperwork. Is it possible to remove our names from the mortgage and loan and if so, what would the process be? We don't want them to have to refinance since we loaned them the money at a very low interest rate.
A: The way to get your name off the paperwork is for you and your wife to forgive the loan by signing........





















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