Omaha, NE asked in Real Estate Law for Iowa

Q: Does a loan modification require the signature of all borrowers listed on the mortgage?

It’s a VA loan and I’m the qualifying veteran. The loan requires the property to be my primary residence but she refuses to refinance and take me off the loan. Also I signed a quit claim during the divorce

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Anthony M. Avery
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Answered

A: All notemakers will have to agree to the modification. However what did the Divorce order? If it required a conveyance and a refinance, then file an action to hold her in contempt. If the VA discovers any breach of the security instrument it might get the lender to foreclose, so be careful.

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