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Updated about 9 years ago on . Most recent reply

User Stats

28
Posts
7
Votes
Barry Christopher
  • Real Estate Agent
  • Pensacola, FL
7
Votes |
28
Posts

Indiana refinance issues

Barry Christopher
  • Real Estate Agent
  • Pensacola, FL
Posted

Need help BP thanks for everything in advance. Terrible divorce with children and a house. Ex wife currently is allowing me to take property located in Northwest Indiana but my income won't allow me to refinance to get her name completely off since I cut my hours to get my real estate license and "Chase my dream". I spoke with the refinance company and they stated my current income wont "support" me keeping a mortgage that my name has been on for the past 8 yrs. I was thinking about a quit claim deed or a release of liability but my mortgage company will not honor either of those for purposes of removing her completely(credit report, etc). So how may I take sole ownership without a refinance? Anything will help Bp

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