My bank says I am entitled to Harp Refinance but they want my son in title

HARP allows for the removal of a borrower(s) so long as one of the original borrowers remains... you must qualify on your own, which means income, credit, job, etc... but yes it can be done.. Your lender might not be willing to do it, but there are other lenders out there that will... including us... however we only lend in AZ... .. 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

HARP guidelines allow a borrower to be removed. One original borrower must remain. You say that you were in title, but perhaps not on the note? If you were not on the original Note, you may have a problem. But also you say that you signed the mortgage. And you say that your son needs to be "added." To what? If he was an original owner and borrower, then he would have been in title at that time. I think we all need the following clarification in order to make the best recommendation:Who was on the original Note?Who signed the Mortgage?

if you are on the original loan and you can qualify by yourself you can do this without your son . We just did the reverse removed father from loan and title at close ...I would be happy to help you with this.

I concur with the other responses to your question. It can be done but some lenders elect not to. If you are in NM I can help. Charlie Sparks, Gencor Mortgage, 505-350-3745 - NMLS# 195031

You bank is either giving you bad advice or doesn't want to remove your son. HARP guidelines clearly allow this. As others have said, you will need to qualify with your own income and credit. Call one of the Lender 411 mortgage professionals in your area. I know they can help you. Good luck.

As you have stated, your son is the actual borrower, whose credit and income were used to obtain the loan. Perhaps you also lived in the home at the time of the loan origination. If this is the case, it is reasonable for the lender to request all of you to be involved.

HARP allows for the removal of a borrower(s) so long as one of the original borrowers remains... you must qualify on your own, which means income, credit

As long as one original borrower remains and that borrower qualifies then you should be able to remove your son. Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation. Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com We are also proud Homes for Heroes affiliates!

At least one of the original people on the original loan must always remain on the loan. From what I think I am reading, he is the only person on the loan, therefore he must be on any refinance. www.HARP-Refinance-MN.com

To qaulify for HARP at least one of the ORIGINAL borrowers must be on the new loan.

If your son signed the note, then he should be on the mortgage also. If you and your husband are not on the Note then you will not be able to do the HARP without your son.

If your son is on the Note then he should also be on the mortgage. If you and your husband are not on the Note then you will need your son to be able to do the HARP.