There are no requirements/limitations on adding someone to title before or during a refinance when the current borrower has already owned the home at least six months.

Related Article Title: Fannie Mae – Adding New Person to Title for Cash-Out Question: My client has owned a property for 12 months and wants to add his friend to the title so that they can do a cash-out refinance to pay off the mortgage and cash-out the money spent on renovating the property. Is […]

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