How to Get Your Name Off a Mortgage That You Cosigned For

Successfully remove your name from a cosigned loan.

Mortgage application image by haveseen from

If a mortgage lender denies your child or family member's mortgage application, you might step in as cosigner on the loan. A cosigner agrees to pay another person's debt in the event of default. Your name might not appear on the title, but it appears on the loan. Becoming a cosigner is relatively simple if you have good credit and adequate income. If you decide to have your name removed from the mortgage, though, the process is a bit complicated.

Step 1

Contact the lender and ask about a cosigner release option. Some mortgage agreements include a clause releasing cosigners after primary borrowers make on-time payments for a designated period of time. You can also examine your own copy of the mortgage agreement, if applicable. If the primary borrower meets the requirements of the cosigner release option, the lender will take your name off the mortgage.

Step 2

Ask the primary borrower to refinance the mortgage loan. If the mortgage lender doesn't offer a cosigner release, refinancing is the only way to get your name off the mortgage. This involves the primary borrower applying for a new mortgage in his name only.

Step 3

Allow the mortgage lender to review the documentation. Getting your name off a mortgage is subject to the primary borrower qualifying for financing on his own. He will provide the lender with his tax returns, recent paycheck stubs and bank account statements. The lender will check his credit to assess his score and debt-to-income ratio.

Step 4

Wait for the loan closing. If the mortgage lender approves the refinancing, the company will create a new loan to pay off the old loan. You're automatically removed as a cosigner once the old loan is paid off. The primary borrower signs his new mortgage documents at closing.

Photo Credits

  • Mortgage application image by haveseen from

About the Author

Valencia Higuera is a freelance writer from Chesapeake, Virginia. She has contributed content to print publications and online publications such as, AOL Travel, and ABC Loan Guide. Higuera primarily works as a personal finance, travel and medical writer. She holds a Bachelor of Arts degree in English/journalism from Old Dominion University.

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.