Removing an Ex-Spouse from a Mortgage

If you're keeping the house after a divorce, remember: a divorce decree does not automatically remove your ex-spouse from the mortgage. You're both still legally responsible until you take action.

The most direct route is an Equity Buyout Refinance. This replaces your joint mortgage with a new loan in your name only, allowing you to pay out your ex's equity at closing.

For FHA or VA loans, you might qualify for a Mortgage Assumption. This keeps your low fixed rate while securing a formal Release of Liability for your ex-spouse.

To qualify solo, lenders look at your single income. If you use alimony or child support, you’ll need proof of consistent receipt for six months and documentation that it will continue for at least three years.

We have many loan options to help you qualify. Visit our website today to download our free Divorce Mortgage Planning Guide and start your next chapter with confidence