Removing Your Name from a Joint Mortgage After Florida Divorce

The Trap Most Divorcees Fall Into

Marital settlement agreement awards home to one spouse who then signs a quitclaim deed transferring title. But BOTH SPOUSES REMAIN LIABLE on the mortgage. If ex misses a payment, both credit reports suffer.

Only Two Ways to Get Off the Loan

(1) Refinance — the ex takes out a new loan solo to pay off the joint mortgage. (2) Sell the property — pays off the joint mortgage entirely.

Loan Assumption Is Rarely Available

Some Florida mortgages allow assumption where one spouse takes over the loan. Rare for conventional loans. Common for VA and older FHA loans.

When Refinance Isn’t Possible

Ex can’t qualify solo. Ex refuses. Rates have climbed making refinance unaffordable. Selling becomes the only path.

Homeinc Divorce Sales

We work with divorcing couples routinely, coordinating with both attorneys and closing in 21-45 days. Both ex-spouses removed from mortgage at closing.

Homeinc has bought hundreds of Florida homes since 2013. A-rated with the BBB. No fees. No commissions. No repairs. Close in 7-21 days. Call (888) 850-2636.

Get Your Free Cash Offer

Fill out the form or call (888) 850-2636. Free, no-obligation offer within 24 hours. Close in 7-21 days. Zero fees, zero commissions, buy any condition.