Can a person be removed from a conventional loan?

[Joshua Zdunich]

Hello, 

My business partner in one of my short term rentals wants to be bought out.  We have a conventional loan one the property at 4%.  I don't want to refinance into a new loan because that would mean taking one today's rates.   Wondering if its possible to just removed my partner from the loan so I would be the only one on it. 

[Gurbeer Sangha]

Like everyone above, your best bet is to reach out to the bank. Since it is conventional, it will be hard to completely remove their name in other ways besides a refinance. But banks can be lenient. So I would say call, and don't give up after the first denial. Call a few times, since other people on the line might be more willing to help you