Can I as-sum the second mortgage,on the property I live in and get the person off the note?

Wednesday, 25. August 2010

My business partner need out and asuming the first mortage with no problem, and take him off note, can I asum the second.


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2 Responses to “Can I as-sum the second mortgage,on the property I live in and get the person off the note?”

  1. August 25th, 2010 at 10:00 pm

    frak1a12345 Says:

    No. The note has to be paid off and reissued in your name only.

  2. August 25th, 2010 at 10:00 pm

    estielmo Says:

    The bank has to do that and you will have to satisfy their criterea. Simply ask.

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