home equity lines of credit
Question
Mortgage company won't give wife any information?
My husband and I took out a mortgage through GMAC in 2005. We are both listed in the document as "borrowers" and both of our signatures are on it. We both initialed each page of the mortgage document as well. There is a second, much shorter document titled "Open-end Mortage" which appears to establish a home equity line of credit. Only my husband's signature is on this document. The documents bear the sig. of the Notary Public, but there are no other witness signatures. Whenever I contact the mortgage lender to find out any information about the mortgage, I am told they cannot give me any information - they can only give it to my husband. How is this possible if both of our names are on the mortgage? This is in the state of Ohio. Just to clarify: the second document, which carries only his signature (which was done without my knowledge) was for an HELOC Piggyback loan account (although it is called an 'open-ended mortgage').The main document - the Mortgage itself - carries both his and my signatures.
2 months ago - 2 answers
Best Answer
Chosen by Asker
"Only my husband's signature is on this document" And he will be the only one they can legally release information on this mortgage to for whatever stupidity caused it to happen that way.
by wizjp
2 months ago
Asker's Rating: 
Other Answers
You can have a letter drafted, signed by your husband and sent to the mortgage company stating he is giving you authorization to discuss the account. Get the letter ready, be by a fax machine, and call them. Ask for customer service and explain you have a letter signed authorizing you to discuss the account and need to fax it over so they have it on file. Get the fax number adn send it while on the phone... have the service rep you are talking to get it and update the file. Trust me, do it while you are on the phone - if not it gets lost in the shuffle and you will end up doing it this way anyway.... PS- most likely they will update it there and talk to you then, but beware they do send a letter to your husband saying so and so is added as a contact on the account. Not sure what you situation is, but beware they follow up with a document.
by strawberry- 2 months ago