Can a quitclaim deed remove someone from a mortgage?

by amyc

A quit-claim deed transfers ownership interest in a property, but it does not remove a borrower from the mortgage loan. That can create problems after divorce if the person later tries to qualify for a new mortgage.

Categories

Recent Posts

Hulk Hogan’s Florida Beach Home
Hulk Hogan’s Florida Beach Home
Pierce Brosnan’s $100 Million Beach Home
Pierce Brosnan’s $100 Million Beach Home
Customer loyalty offers a key business metric
Customer loyalty offers a key business metric
Florida builders file 6,127 home permits in July
Florida builders file 6,127 home permits in July
Small creative shifts can help build wealth
Small creative shifts can help build wealth
America’s Best Small College Town
America’s Best Small College Town
Travis Kelce Goes Home, Again
Travis Kelce Goes Home, Again
Average rate on a 30-year mortgage climbs to highest in 13 months
Average rate on a 30-year mortgage climbs to highest in 13 months
Building wealth requires a plan for earnings
Building wealth requires a plan for earnings
Fed governor ties rate decision to inflation report
Fed governor ties rate decision to inflation report

Share on Social Media

Cody Cook

${companyName}

Phone

+1(941) 896-0078

Address

Palmetto, Florida 34221, USA

GET IN TOUCH

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Cody Cook, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.