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How to Remove a Co-applicant from a Mortgage and Title?


This is a very common question. Sometimes clients like to remove a parent on title, or relative or even friend. Sometimes people like to remove and add someone on title and their current mortgage.

In order to add someone on your mortgage, you will need to speak to a qualified mortgage broker and will require a new mortgage application that will evaluate all applicants income, credit history and overall financial stability to determine if an approval is warranted. In most cases you will require a new mortgage and you will need to see a lawyer to add the person or remove a person from title.

Call 1-888-882-0786 to speak to a qualified mortgage broker.

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STOP! Before you apply for a mortgage through your bank, make sure you are getting the best rate! Compare the best mortgage rates in Canada right now. It will take only a minute, but you will be surprised just how much you can save! We at Resourceful Capital Financial Corporation source our rates from all financial institutions, not just the one's that deal with us. To make sure you make a sound and prudent financial decision and get the best possible mortgage.
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Resourceful Capital Financial Corporation's refinancing calculator will help you decide whether to refinance your existing mortgage at a lower interest rate.