Quiet Title?

dianaaiu profile photo

I am trying to apply for a loan on my house.
Problem: me and my 3 brothers are on title and two of them are willing to quit claim deed off and then be quit claim ded back on when the loan process is over. however the one brother will not quitclaim deed off and does not want to be involved with the loan process either. there is currently a lien on this house for our fathers bills that i am trying to pay off. what can i do?????????HELP HELP HELP!!!!! confused

Comments(2)

  • cscarpero19th July, 2003

    I used to be a loan officer....it doesn't work like that.

    The loan and qualification only needs to be in one person's name. Hopefully, whoever has the best credit and income. The other brother's will have to just sign a couple docs at closing.....that's it.

  • dianaaiu20th July, 2003

    hey thanks alot!!! for the positive reply!!and hope too.
    Here is a little bit more:

    I have 450,000 worth of equity in this house so we are just doing a stated income for me , and my credit is ok-good all I am looking to get out is 90,000 and hopefully the one brother will sign even those couple of documents at the end.
    I was told that everybody else was to be quit claimed off!!! and then quitclaimed back on. Hmmmmmm I better check out my loan officer huh? thanks again. Diana

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