Legal Question in Real Estate Law in Texas

My parents are on the mortgage on my house. I am not on the mortgage. They deeded it to me 12 years ago. I have made all the payments taxes and insurance since then. I want to refinance to a lower rate but do not want to refinance in my name. I understand I must transfer deed back to them before doing so. As soon as the deed is filed and shows them as the owners can they immediately start refi or do they have to wait and if so how long?


Asked on 2/05/13, 9:14 pm

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

Most lenders require a "seasoning" period of 6 months or more after title is transferred.

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Answered on 3/31/13, 3:26 am


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