Can a co-borrower be dropped from a loan without having to refinance?My husband co-owns a property and the mortgage that goes with it. He would like to be removed from the mortgage and the deed and have the other co-owner assume it. The co-owner is in agreement with this. Is a refinance necessary?March 09 - Southington0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.