Legal Question in Real Estate Law in New Hampshire
co-borrower and adding them to the Deed
Is it a law that a co-borrower on a refinance on the home has to be named on the Deed?
Asked on 8/31/07, 7:08 pm
2 Answers from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: co-borrower and adding them to the Deed
No, why would it be? Most lenders(particularly these days) would be happy to have extra co-obligors on the house note who are not necessarily listed as owners on the deed.
Answered on 8/31/07, 9:55 pm
Bruce L. Dorner
Dorner Law Office
Re: co-borrower and adding them to the Deed
I am not aware of any such law in New Hampshire. However, the lender may, under most circumstances, require reasonable protections to get their money. You do not indicate if the lender is private or a commercial entity. You should consult with an attorney to review all the facts and circumstances of your case.
Answered on 9/01/07, 12:49 pm