I owned property prior to being married. I am refinancing property and adding husband to refinance. Can I exclude name on the tit

Anyone on the Loan has to also be on Title

To take your question deeper, imagine this scenario. You and your current spouse refinance an existing home that you own in your own name. You both are put on title (which most, if not all lenders will require). Two weeks after closing, you sign a quit Claim Deed to remove your name from the title, which you legally could. So now there is a loan with your mane on it being secured by a property you technically (and legally) do not own. Imagine for a moment that he stops making payments on the mortgage. As the loan gets more and more delinquent, the lender starts calling you for payment, because you are on the loan. If you don't make the payments, they threaten you with foreclosure. You either cannot or do not want to make the payments. Your are now in a real serious pickle. Your only options are to start making the payments or let the bank foreclose. You no longer have the option of selling the home because you do not own it. When they foreclose, your credit turns to trash and depending on the state, you could still be liable for any deficiency. One of my Golden rules is NEVER, EVER allow yourself to be on a loan and NOT be an owner of Title to the asset that is securing it. Hope this helps. Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000.