do i have to refinance after divorce

new home tax deductions fha mortgage loan requirements FHA Loans & Rates | FHA Loan Requirements | U.S. Bank – Requirements and qualifications. loan amount – fha home loans have maximum mortgage limits that vary by state and county. Down payment – fha loan guidelines require a minimum down payment of 3.5 percent. Property condition – FHA loans require that the home being purchased must meet certain conditions and be appraised by an FHA-approved appraiser.Tax Deductions For Home Purchase | H&R Block – The only tax deductions on a home purchase you may qualify for is the prepaid mortgage interest (points). To deduct prepaid mortgage interest (points) paid to the lender if you must meet these qualifications: Your main home secures your loan (your main home is the one you live in most of the time).

Refinancing Your Home as Part of a Divorce – NC FHA Expert – As part of this “Divorce Project” you have to decide if it makes more sense to. if you guys should sell or refinance, draw equity out and get the other. your home as part of a Divorce or how to buy a house after a divorce in.

current interest rates for home equity loans Comparing home equity loan rates – Home Equity Loans – A home equity loan rate is the interest rate you pay on a home equity loan. This amount is typically a fixed rate, but some loans have a variable rate based on market conditions. In many cases these rates are lower than a credit card APR or personal loans because the value of your property is used as collateral.

How to Get a Mortgage After a Divorce | US News – How to Get a Mortgage After a Divorce Share Share on Facebook. If you are planning to buy a house, and your ex is living in the home you co-own, then ideally, your ex needs to refinance in his or her name. That will decrease your debt and increase your odds of being able to get a new mortgage.

Find mortgage information, education and more. This is the place to come to find information about your mortgage and to learn more about common mortgage terms, like an escrow account.

File bankruptcy to get off mortgage with ex? – You may have signed your name off of the title during the divorce, but your ex-husband would have to refinance. can file bankruptcy as an individual, you must qualify as a couple. Your new husband.

VA Loans and Divorce: What Happens Next? – Divorce Magazine – VA Loans and Divorce and what happens during the divorce. However, although many aspects of a divorce can be tricky, housing shouldn't have to be, and this. to completely separate from one another after divorce, the veteran and. able to receive another VA loan in the future if they choose to do so.

Can a Divorce Decree Force a Refinance? | LegalZoom Legal Info – It’s typically not enough to simply refinance an existing mortgage if one spouse is keeping the property as part of the divorce. If you and your spouse bought the home together during your marriage, it’s marital property; thus, you both have a right to a share of the equity.

Refinancing the mortgage. However, that person becomes fully responsible for the loan if you fail to make payments. If you’ll receive alimony or spousal support, you can use that income to qualify for a refinance – as long as your divorce settlement stipulates that you’ll receive alimony for at least three years, Runnels says.

Do I have to refinance the home after divorce to get his name. – Best Answer: In order to get your husband off the loan, you HAVE to refinance. There is no other way around it, unless he agrees to keep the mortgage while you make the payments, which would be stupid of him to do.