Tag Archive for: buying out

Buying Out Spouse/Partner = Refi; Not Cash Out or Purchase

We recently received the below email from a borrower who left us for what he thought was a lower rate.  “Hi Casey, The other lending company fell through and couldn’t […]Read More

Buying Out Ex or Partner Is Not a Purchase; It’s a Rate/Term Refi

We were just asked if an RPA (Residential Purchase Agreement) is needed when a man buys out his ex-wife (who is on title with him). The answer is no. Whenever […]Read More