Legal Question in Real Estate Law in Massachusetts
Do I have to change my name on my mortgage?
I was married recently and changed
my name. Now, my mortgage bank
wants to charge me a huge
processing fee to change my name
on my account. Can I skip this and
leave my maiden name, or do I
legally have to have the correct
name on the loan? They do have
the correct social security number
(which now matches my married
name).
Asked on 2/19/09, 10:40 am
1 Answer from Attorneys
Warren Wood
Law Offices of Warren Wood
Re: Do I have to change my name on my mortgage?
You do not have to pay them a fee to change your name on a ore-existing set of loan documents. You may wish to advise them to leave the obligation (s) in your old legal name and note on the documents (aka) your new married name. All this should be done at no additional charge to you.
Answered on 2/19/09, 10:53 am