Question by Just BN Me: What is acceptable to prove you are not responsible for a real estate property payment?
I recently divorced. Me and My ex were both on the mortgage of our house. He now has the house but due to the houseing market slum he was not able to refinance the house out of my name. The divorce papers specifically say he is responsible. He is making the payments but of course the debt still shows up on my credit.
I want to buy again but what is acceptable documentation to give to the lenders to prove I am not making the house payments on that house and will they still count the debt in my DTI?
Someone said I could print out my ex’s bank statements showing that he’s making the payments and not me. I just wasn’t sure if this was sufficient.
I’ll definitely look into the rapid-rescore.
Answer by Landlord
You have to force the ex to either sell or refinance. There is absolutely no other way to get you off of the mortgage.
The loan people could not care less about your divorce papers, the loan docs are the ones that matter here.
You can sue the ex for contempt of court for failing to remove your name.
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