how can i transfer my mortgage? proper protocol please

Contact who services your current loan, as they are the only ones who can direct you on the assumption. There is no other way to transfer a mortgage other than to refinance it, unless your FHA servicer allows for assumptions.

I would suggest contacting your current loan servicer. They can let you know whether they will allow assumption or not. If they do, they family member will still need to qualify for the loan. If they do not allow assumption, the only other option would be refinancing the mortgage.

If your current loan is a government loan such as FHA, VA or USDA, then you contact your existing lender and let them know what your goal is, and they should get you the proper paperwork to get things started.. Understand that there are no more "non-qualifying" assumptions.. this means that who ever you're looking to transfer the mortgage to, they will have to fully qualify just as if they were purchasing a home using conventional means.. if they cannot qualify, you can always add them to the deed and you should be ok.. the important thing is most lender allow you to add someone to the deed so long as your not deleting anyone who was originally on the deed.. contact a local attorney or title company for the proper documents and procedure to accomplish this.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Current mortgage company to see if you can have some one assume your loan OR call me and we will finance the new party with minimal cost 954 558 4430. Specialize in Florida.. Large Mortgage Lender/ Not a Broker or Correspondent Broker

Good Evening. You need to be sure if your loan is assumable, so refer to your original mortgage and/or note for details on assumptions. You can also call the current lender or servicer of your loan to inquire about this possibility. If you are referring to transferring actual ownership of your property to a family member, this would need to be done by preparing and recording a Deed. You should obtain written permission from your existing lender before doing this and/or consult with a real estate attorney on this matter. Good Luck!

William Acres nailed it on the head. I can't give any better advice than that.