Consolidating two mortgages

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They say I'll be put on the deed and title, but my question is what would I have to do to maintain the current loan? : Mortgage Company does not want to put your name on the mortgage because you are collecting unemployment and your unemployment income does not count for lending purposes.

If you do not have income, you cannot apply for a loan.

My question that I can't seem to get an answer to is this: What happens in the event of my husbands death, what would happen to the loan? Or can the existing loan and it's LOW percentage rate get swtiched in my name?

Perhaps you’re considering a refinancing of your current mortgage to a lower rate, or maybe you’re thinking about consolidating a first and second mortgage into a single mortgage.

An experienced mortgage debt consolidation attorney, who knows the law and is familiar with all the potential costs as well as the gains, can help you make the right decision for your own unique circumstances.

Are you considering refinancing to consolidate multiple mortgages?

If applicable, include the same information for your second mortgage.

Follow that with the interest rate and the number of years you’ll be refinancing at.

Also, you can’t pay the loan off piecemeal; if you have two separate loans, you could pay one off quicker (finances permitting) and eliminate it completely, but a single large loan must be paid off all together.

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