mortgage transfer

Nope...doesn't the non-assumable part tell you that though? The new person will have to requalify and refinance.

No however you may have other options. I am a direct lender here in NJ. I would be happy to discuss your options with you further. Call or email me. Pbotros@omegaloans.net, office# 908-933-0253 ask for Peter(ext 319) or my cell 347-231-4444.

Yes, but only upon your death. If your wife is your named beneficiary, then estate laws require the bank to transfer the loan to the beneficiary upon your death. This is the only way to transfer a non-assumable loan. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

The lender will usually not have a problem adding someone to the title of a home, so long as the original borrower / title holder is still on title.. So in your scenario, if you are adding your spouse, then it's not a problem.. But if you are removing your name, and adding their name then it's a problem.. Keep in mind that I'm talking about the title.. Not the Note... You cannot add or remove anyone from the mortgage note unless, as Bert stated, the spouse dies, in this scenario, the surviving spouse could take over the mortgage.. Same would apply if you inherited a home from a family member.. (Excluding reverse mortgages)... but that the only allowable scenario.. 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. The loan would have to be refinanced to put your spouse on it and the current mortgage holder could be removed. If you need help I am in NJ. Contact us. 201-962-3555. Team@BestMortgageOption.com Michelle

Nope

Sorry but no.