Can I transfer the name on my mortgage from my ex wife to me, when I refinance the house?

This is a very common type of transaction.. between your lender and title company, they will be able to get it done without a problem..The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

No, you cannot transfer the name on your mortgage from your wife to you. However, if you are currently on the title, then it is possible to have a new loan at today's low rates made in your name. You will need to qualify, but this is done quite frequently. Work with a local Mortgage Banker/Broker, rather than one of the big banks or national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, we are trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ Licensed in California and Arizona ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

My understanding is that you could not use an FHA streamlined refinance but you could use an FHA loan. If you have equity in the property then an FHA loan would most likely not be the lowest cost alternative unless you were using a streamlined product because the mortgage insurance on FHA is more expensive than on conventional.

Provided you can qualify for the mortgage yourself then there would be no problem with this. Since the Mortgage is not in your name then you could not use any kind of streamline refinance so it would be a full underwrite. On FHA the lower rates are a bit deceptive since you are required to Pay mortgage insurance for 5 years on (terms More than 30-years). As a result the lower rate you see is more than offset by higher mortgage insurance. Also if the current loan is not in your name at all you may have to execute a purchase transaction rather than a refinance.

You can refinance and add your name and take off your ex wife's name as long as you can qualify for the loan on your own. Good luck!

As William indicated this is not difficult provided you meed normal qualifications. FHA is likely a good option but may not be the best for your situation depending on the home value as compared to the mortgage and your qualifications. Make sure your loan officer looks at all alternatives for you. Because you are not on the current mortgage you will not qualify for any of the special refinance opportunities. I am a local based mortgage officer (click my name for more info) and also licensed and trained through PrimeLending to handle mortgages in most states. The majority of my business is in SC but I frequently work with customers throughout the US and would welcome the opportunity to earn your business. Or, I can help you find a more local loan officer at one of our approximately 200 local offices throughout the U.S. Email: pdumouchel@primelending.com or direct: 843.619.6025

Yes, as William said above, this is not unusual and since you have been on the title since last year it should not be difficult as long as you meet normal mortgage qualifications. FHA may be your best option but make sure your loan officer looks at other loan options which may make more sense based on your qualifications and the amount of the loan vs. the value of the property. Any good mortgage lender would look at that as part of the process.I am a local based mortgage officer (click on my name for more info) and also licensed and trained through PrimeLending to handle mortgages in most states. The majority of my business is in SC but I frequently work with customers throughout the US and would welcome the opportunity to earn your business. Or, I can help you find a more local loan officer at one of our approximately 200 local offices throughout the U.S. Email: pdumouchel@primelending.com or direct: 843.619.6025

Yes, you can do this as long as you qualify for the loan on your own.