Can a borrower be removed from a mortgage?   A borrower can be removed from a mortgage by refinancing the mortgage.    However, keep in mind that refinancing involves closing costs.    Also, make sure that your debt to income is sufficient to cover the new loan on your own.  Consult with a knowledgeable Loan Officer to confirm that you qualify and that the loan is feasible.   

Removing a borrower from a mortgage is now less difficult.  In the past, Fannie Mae required all borrowers on the existing mortgage to remain the same as all borrowers on the new mortgage except in cases of death or divorces.    However, Fannie Mae has now expanded their guidelines to allow borrower removal for any reason, not just due to death or divorce.  

The following requirements must be met:

1. Underwriter must verify and document the remaining borrower(s) have been making payments from their own funds for at least the most recent 12 months.  If a borrower is removed from mortgage due to death, a 12-month payment history is not required. 

2. Borrower being removed from mortgage must also be removed from the deed (or provide evidence of death, if applicable). 

Seek the advice of a real estate attorney on your legal options and the impact this can have on your situation if refinancing is not possible.