Here's how to take someone's name off your mortgage

Having multiple names on your mortgage loan has its advantages. It likely enabled you to qualify for financing and thereby buy the home more easily, and it may lower your risk if you run into future repayment problems. But what if you need one or more names removed? Can you take someone off a mortgage?

Fortunately, there are options you can pursue here, including refinancing, mortgage assumption, loan modification, and selling the home. Read my latest article for Better.com to learn how to remove someone from a mortgage, the steps involved, the benefits and drawbacks of doing so, the cost of removing someone from a mortgage, and more.