Question by Kamal S: Is it possible to transfer a name on a mortgage?
I own a house and my credit stinks. I would like to refinance and instead of putting the new mortgage under my name I would like to put it under my nephews name. Is that possible?
Answer by Vegan
You would no longer own the house once you did that.
Your nephew won’t be able to use property that he doesn’t own as collateral, so you would need to transfer the deed to him.
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