What type of poa do i need from my husband to refi the house

Great question-I would have to disagree with the other answers. In my 10 year career anytime you are doing a home loan that needs a power of attorney it needs to be specific to the transaction at hand. While a general POA will cover all angles the banks like to make sure that the POA has been given for that specific transaction and not just a generality. You would want to request a specific POA from your attorney and that should cover you to do the refinance. Just keep in mind your husband will have to sign the POA in order for it to be acceptable. If you have any questions please do not hesitate to call or e-mail me.

You WILL need a SPECIFIC noterized POA, I have one that we had drawn up and have used for several clients (obviously inserting correct names and addresses) and will be happy to provide you the document you need to facilitate the process. You can contact me directly at 913-800-7876 -JohnFDIC insured Bank lending in all 50 states.

You would want a general power of attorney. He would have to sign it, knowing that you can make all the decisions for him. The you would be able to refi the home into your name solely, Remember, to qualify for a home loan, you must have equity in the home, a credit score of atleast 640 for FHA and higher for higher loan to value loans, verifiable income for 2 years, that is more than 45% of your debt payments. So if you make 5000 a month, then 2250 is the max housing, tax, insurance, HOA, mortgage insurance, car payment, credit cards etc debts you can carry. Take your total debt and divide by your income, if you are over 45-50%, you could have difficulty refinancing. Please feel free to contact if you need further assistance.