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Can you transfer a mortgage to someone else? | Yahoo Answers – Can you transfer a mortgage to someone else? Ok, the thing is that I’d like a relative of mine to take over a mortgage I have on a property. This house has a 30 yr fixed of 5.5% which is the reason why he wants to take it.
How can I transfer a mortgage to another person? – quora.com – Most mortgage companies and banks nowadays have a clause around mortgage loan assumption-which is a transfer of your mortgage to another individual-and will not allow you to do that. The best thing (and maybe the only thing you can do) if you want to add or remove a borrower, is refinance.
Consumer group calls for urgent action on mortgage prisoners – Indeed, one respondent said: Being a mortgage prisoner has been hell to me, you worry about losing your home, you can. to.
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