Legal Question in Real Estate Law in Maryland

can i replace the cosigner on a mortgage loan

If i am the primary on the mortgage loan, can i replace the cosigner?


Asked on 4/21/08, 11:49 pm

1 Answer from Attorneys
G. Joseph Holthaus III Law Offices of G. Joseph Holthaus

Re: can i replace the cosigner on a mortgage loan

Possibly. Contact the lender. Typically they look for the same level of protection with income and other factors. You will need to write a new mortgate note if they accept.

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Answered on 4/22/08, 12:24 am


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