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Can a co-owner refinance and remove my interest? | NC
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Q: Can the other co-owner refinance the home and remove my interest if the mortgage is only in my name? A: No... refinancing alone usually cannot remove your ownership interest. The loan and the title are two different things. A refinance can pay off the old mortgage, but it does not automatically change who owns the home. If both co-owners are still on the deed, your interest usually stays in…