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Can you transfer a mortgage to another person?

1 month ago   |   By Business Insider

Lenders may allow exceptions that let you transfer your mortgage to a child, spouse, or relative. EmirMemedovski/ Getty Images
You might be able to get a mortgage transfer depending on your circumstance and mortgage type.
The due-on-sale clause lets you transfer a mortgage in specific circumstances.
If you don't have an assumable mortgage, refinancing may be a possible option to pursue.
Read about the different types of mortgages on Insider .
Unplanned circumstances happen in life. If you're going through a divorce or unexpected illness, you might not want to continue paying for a mortgage...
Read more ...

 


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