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re: Ex-wife and mortgage
Posted on 10/21/12 at 11:19 am to West Monroe
Posted on 10/21/12 at 11:19 am to West Monroe
Most mortgages are not assumable these days. If the mortgage us assumable, she would more than likely not credit qualify. I would call the lender that is holding your mortgage to see if you have any other options. I have heard on a few cases that a lender may remove you from the mortgage if your property settlement clearly states that you are no longer responsible for the mortgage. This is not the norm, however.
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