Legal Question in Real Estate Law in New York

Name off of mortgage
I recently completed a divorce.

The only loose ends I still have are
1. Having tough time getting name off of home mortgage.
2. I have not signed off on the deed until I am able to get name off. (that is also holding up in me getting divorce monitary settlement)

Ex-wife would like to get my name off also, but doesn't make enough money to refiance by herself. She has a willing co-signer but current bank mortgage is through won't allow one? (Co-signer must live in home?) I don't live in home but they allow me to be cosigner?

Is this a universal bank policy? Is there anything I can do? I am not able to move on with my life. Can't get own home, new car, etc..

Thank You

Asked on 11/08/05, 12:58 pm

Bunji Fromartz Fromartz Law Offices

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Re: Name off of mortgage

No bank will remove a name from a mortgage without a refinance.

Answered on 11/10/05, 10:23 am

David Slater David P. Slater, Esq.

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0 attorneys agreed

Re: Name off of mortgage

Unless refinanced, they will not let you off mortgage.

Answered on 11/09/05, 6:14 pm

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