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flgal
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Reged: 05/05/06
Posts: 1
VA loan with both our names
      05/05/06 08:03 AM

I need advice.
Background: Married for 5 years, he is a student and I have paid for EVERYTHING.
My soon to be Ex is a veteran and our house is currently listed under both of us with his VA loan. The divorce is uncontested and he will be moving out. I have taken out a HELOC in my name to give him a large chunk, so he can get on his feet.(so when we sell later he will nto take anything from the sale)
Can I have the loan transferred to just my name with no out of pocket cost to me?

He is also assuming all of his own debt, but we have a motorcycle under my name. He cannot afford to assume the loan, but will make the payments, anything I can do legally to protect myself if he defaults on the payments?

Any help would be greatly appreciated!!!

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* VA loan with both our names flgal 05/05/06 08:03 AM
. * * Re: VA loan with both our names LinusluvsSally   08/29/06 12:56 PM

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