Regarding cosigners with a mortgage - when can the cosigner be off of the deed?

  • July 11 2012 - Philadelphia
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (3)

Does your question have to do with a loan you already have in place with a cosignor on the loan with you? 
Or .....are you in the process of obtaining a loan with a co signor?

If this is regarding a loan already in place.    You can apply for a loan with out the co signors. If you qualify re finance the loan.
Good luck to you!
  • July 11 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

Profile picture for Ofe Polack
Usually the co-signer stays on the deed until the mortgage is paid and/or if there is a refinance and one of the owners can satisfy the mortgage payments on his/her own.  Not knowing how the mortgage was configured, I would have a word with your mortgage broker and see whathe/she says. 
  • July 11 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

Profile picture for B Mike West
Usually when the mortgage is paid in full.  That can be done if the remaining party or parties refinance-if they can qualify for refinancing.
I don't know about PA. but in California, once the mortgage is paid off the owners can quit claim a third party off title.  You will have to check with a local attorney or title company to find out the local process.
  • July 11 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.