All Forum Posts by: Jermaine H.

@Andrew Postell

Thank you sir

@Shaun Weekes

I was hoping there was other ways. Maybe some sort of legal action I can pursuit on my end. Unfortunately, refinancing or selling the property would not be an option. The home was purchased for $220k, the remaining balance is $140,xxx. I'm not sure what the current value is.

What are the different ways of getting out of a loan? I am currently a cosigner on a mortgage since 2010 and cannot get off the loan because of late payments and or missed payments. I have not lived at the property since 2011. I'm aware of refinancing or selling the home. However, the main borrower struggles sometimes with the payments which is greatly affecting my credit.

I would like to purchase a home in the near future and want to take advantage of the VA loan. Is there any way around the mortgage I co-signed for? Thank you in advance for your help.