Quit claim/title question

What is the name of your state? MN

I would like to purchase a home, but my ex will not refinance a van that is titled and financed in both our names. The payment is pushing my debt/income ratio too high. The bank would accept 6 mos of cancelled checks proving that I am not making the payment, but my ex is uncooperative.

Could I have my father purchase and finance the home, then quit claim it to me? Can I title it in my name only if he has a mortgage on the property?

I can qualify for Neighborhood Housing Services low interest "fix-up" funds as long as the house is titled in my name--it is an income based program so I can't have my father and I both on the title. I can't get my own mortgage until my debt to income ratio is in line.

Any suggestions would be appreciated!

[HomeGuru]

[quote]Originally posted by Jeeps4me
[b]What is the name of your state? MN

I would like to purchase a home, but my ex will not refinance a van that is titled and financed in both our names. The payment is pushing my debt/income ratio too high. The bank would accept 6 mos of cancelled checks proving that I am not making the payment, but my ex is uncooperative.

**A: what did your divorce decree property distribution agreement specify as to the van?
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Could I have my father purchase and finance the home, then quit claim it to me?

**A: yes and then the lender will call the loan due.
*********
Can I title it in my name only if he has a mortgage on the property?

**A: see above.
**********

I can qualify for Neighborhood Housing Services low interest "fix-up" funds as long as the house is titled in my name--it is an income based program so I can't have my father and I both on the title. I can't get my own mortgage until my debt to income ratio is in line.

Any suggestions would be appreciated!

**A: you are not in a position right now. Settle the van issue.