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The only way to be removed from the obligation of cosigner is for the loan to be refinanced.

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17y ago
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Q: How can someone be released from cosigning a mortgage loan without ruining their credit?
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Can you improve your credit score by cosigning for someone who has perfect credit?

Yes you can, if approved it will show positive on both reports.


Can someone who is 90 years old get a mortgage?

Someone who is 90 years old can get a mortgage. No matter what age you are you can get a mortgage, age doesn't matter. But I don't think you can get a mortgage if your a kid.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


Is there a way that you can get off from cosigning a car and have someone else COSIGN?

No. The only way to change co-signers is to refinance the vehicle.


Where can someone find a mortgage adjuster?

A mortgage adjuster is someone who services current mortgages. One can hire such a person via the company they have a mortgage with be it Nationwide or Halifax etc.


How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.


Can someone on disability cosign a mortgage loan?

You need to ask a mortgage agent.


What happens to the land in a reverse mortgage contract?

In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.


How can someone apply for a mortgage loan?

Someone can apply for a mortgage loan by going to the Realtor website. The website has information on how people including those with bad credit can apply for a mortgage loan.


What effect does a credit score have on a mortgage?

The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.


Where can someone find more information about a BOFA Mortgage?

If someone wants to find out more information about a Bank Of America Mortgage, you can go to their official website. The website is called Mortgage Bank Of America.


How does cosigning for an apartment effect me?

If you are signing for someone and they pay late it goes on your credit report as a late pay. Also if the person can not pay the rent you are liable to.