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My ex won’t re-finance and take my name off the mortgage. Will I ever get approved for another home loan?
Posted on December 16th, 2008 4 comments
andropolise asked:
Thank you for your feedback. In response, it is my ex husband. He was granted full ownership of the house and everything inside (I did not care to contest), and he’s been good enough to keep the payments current, but he refuses to re-finance, and there is nothing in the divorce papers stipulating that he HAS to do anything. I was trusting enough to believe I could get through a divorce without a lawyer (definitely learned my lesson); now the only way to make him take action is to re-open our papers, and I don’t have the money for that. I simply want to know if my mistake and his obstinance will keep me from ever owning property.
Thanks again for the feedback.
TAYLORPersonal Finance Current, Divorce Papers, Divorce Without A Lawyer, Feedback, Finance, Full House, Home Loan, Mistake, Money, Mortgage, Obstinance4 responses to “My ex won’t re-finance and take my name off the mortgage. Will I ever get approved for another home loan?”
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Go to attorney to have your name taken off the deed and then the mortgage. You may have some problems but at least the attorney can advise you.
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dielibralsdie December 18th, 2008 at 04:45
Ex what? Ex-Spouse? Ex-BF GF? Take that Ex to Court, and Make That EX Re-Fi. Do you know how the original paperwork was filed? As and/or; or and; or, or. Maybe you can re-fi it and kick them out. It has been done before.
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wendy g December 18th, 2008 at 18:38
The current house debt will be included in your debt to income ratio. This could prevent you from being elegible for another home loan. You should consult a attorney, remember that just because you do not live there if the ex is not making the payments on time, his/her default will also be yours and could potentially ruin your credit. Get off the note as soon as possible.
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sporregar December 19th, 2008 at 05:05
I’d call the bank in question and see if you can force the issue. Also, see if you can get an attorney now or threaten to take him back to court.
By him not taking you off the paperwork it will influence you getting a loan or not. Also, if he defalts then you get stuck with the payments and a bad credit rating.
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Florida Girl December 17th, 2008 at 12:32