Refinancing and closing cost


#1

Dear Rosie66,

You probably will not have to pay any closing costs on the loan, since the loan will be in your husband’s name. However, you should check with the closing attorney, and have your husband check with the lender to be sure.

Good luck!

Shonnese D. Stanback
Attorney
The Rosen Law Firm
4101 Lake Boone Trail, Suite 200
Raleigh, North Carolina 27607
919.256.1534 direct voice
919.256.1667 direct fax
919.787.6668 main voice
919.787.6361 main fax
NCdivorce.com
email: sstanback@rosen.com

The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service but a full discussion with an attorney should be undertaken before taking any action.


#2

My husband and I are separating, and he is going to be staying in the home which is currently in both of our names. He is giving me half of the equity that is built up in the house, and is refinancing in order to remove my name from the deed. My question is: can I be forced to pay ANY of the closing costs for this new loan, since it is going to be entirely in his name?