Question by Michael: Assuming a Mortgage or Refinancing? I bought a house with a friend of mine as co-borrower two years ago. I got married recently and want to take over the house and the mortgage. The house has two mortgages when it was purchased at 100% financing at that time. Rates are good. I [...]

Question by CHACHALEE: I NEED TO ASSUME A MORTGAGE MY FRIEND DID FOR ME? Due to my credit issues last year, my friend bought my home in her name and we were told that it was an assumable ajustable rate mortgage. My credit issues have been cleared up and I am trying to take over [...]