There are 2 ways to remove a spouse’s name from the mortgage: Release of liability – You can ask your lender for a release of liability. This is a document that releases a borrower from their obligation to pay back the loan.

Release of liability – You can ask your lender for a release of liability. This is a document that releases a borrower from their obligation to pay back the loan. The spouse remaining on the mortgage needs to qualify for the new loan using only their income and assets.

Chat: Our virtual assistant can quickly process your payoff quote request. Message Center: Open a ticket in the Message Center. Automated Phone System: Call 833-685-2565. Mail: Send us a short letter stating that you’d like a payoff quote. Be sure to include: your loan number; the ad...

With a DIL arrangement, you’ll have plenty of time to plan your move and transition out of your home. You may also be eligible for relocation assistance or assistance with paying other liens and judgments against your property.

There are 2 ways to remove a spouse’s name from the mortgage: Release of liability – You can ask your lender for a release of liability. This is a document that releases a borrower from their obligation to pay back the loan.

Be sure to bring: your government-issued ID; a copy of your Closing Disclosure; and ; proof of funds for your closing costs, or in some cases a money order addressed properly.

When We’ll Pay Your Property Taxes Advises when property taxes are paid from your escrow account Sending Property Tax Bills When property tax bills need to be sent to Mr. Cooper Issues with Your Property Taxes How to notify Mr. Cooper of property tax issues Real Estate Tax Exemption ...

If there isn’t a financially feasible way for you to keep your home, a short sale is an option that can give you a fresh start and avoid the foreclosure process.

At Mr. Cooper we run an escrow analysis at least once a year around the same time, depending on the state where your property is located.. It focuses on these areas: Your escrow account balance, monthly payment amount, and minimum required balance.; The recent tax and insurance payme...

Funding to eliminate homeowners’ second lien loans. You can see what options your state offers by visiting the National Council of State Housing Agencies.