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Updated over 3 years ago,

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3
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3
Votes
Wes Beale
3
Votes |
3
Posts

Will a quit claim claim deed raise red flags for an underwriter?

Wes Beale
Posted

My wife and I have a house we bought, mortgage is in her name, but the deed of the house is in both of our names. We're looking at getting another property with the mortgage in my name, leaving her off. Right now taxes and insurance from property 1 are counting towards my DTI since I'm on the deed. I'm thinking about filing a quit claim to take that off my debts. However, I'm not sure if this will raise any red flags with the mortgage underwriter. Anyone else have this experience?