Power Hungry and won't get off the Home Title

[user555]

What is the name of your state (only U.S. law)? Illinois

I purchased a home in the begining of May 2009.

My Grandma co-signed for me, because I needed a co signer to get the FHA loan through Herget Bank.

My boyfriend who is my head household and supporter whom I live with, couldn't be on the loan because his credit score was down only a couple points.

My Grandma, now that I find out lied to me, said that my boyfriend couldn't go on the title either because of his credit score, my Grandma must of told the bank lady the same because that is what she told me too, up until I talked to a tax preparer about filing for the First Time Home Buyer Stimulus Tax Credit, where you get 10% of the home or up to $8000 back on your taxes.

So in the end my boyfriend is the provider of my household but he is not on the title, but my Grandma expects him to pay for the mortgage each month, but have nothing to show for it because hes not on the title, My Grandma insist she stays on the title of the house, which also doesn't allow us to claim the full amount of the the tax credit back because we aren't married, and I am the only first time home buyer on the title, my grandma owns her own home, we will only get half.

I also need public aid assistance and they need proof of my entire household and our home ownership...We have one child together and another due in July. Because my Grandma won't allow him on the title I have no proof to show PA that I am supported by my boyfriend who should also own the home. Right now it's like he is non-existent on the paper work, but my Grandma expects him to pay for everything.

I am not working and due with our child in a few weeks.

Is there anything we can do?

My Grandma lied to me and said we can't do a Quick Claim, and I think she told the bank lady who helped us with the loan to tell me the same thing, because she acted like she didnt want to tell me when I asked her about it, but told her I was talking to someone at H&R at the same time and she stumbled on her words and finally told me.

My Grandma has threatened me with a lawyer already because I asked that her name be taken off the title and my boyfriends put on, because the house is a home for me and my boyfriend and children, and my dad gave us the down payment. My grandma has not paid for anything and only co-signed because my dad was not available to do so.

I am on the title and loan and so is my Grandma.

What can I do to get my boyfriends name put on the title??

I know he can't go on the loan because of his credit score, but hes not going to quit paying the mortgage if he goes on the title, he isn't going to not pay and screw me over with the mortgage due each month, not to mention its a place for his family to live and hes an honest person and provider.

My grandma just wants complete control.

[Zigner]

This one's easy. Just pay the loan off and/or refi without Grandma's help. I mean, darn her for helping and all!

[FlyingRon]

You're being selfish. Grandma would be a fool to give up ownership in a house that she is liable to pay for. Being on the title is OWNERSHIP, it's not some sort of club. You could give part of your share of the house to your boyfriend, but even that is ill-advised. If I was Grandma I'd do what I could to stop that from happening. You know that giving some part of the property to your "boyfriend" can allow the mortgage company to call the loan? Then you'll be foreclosed and both grandma and your credit will be trashed.

Unless Grandma never owned a house before, I don't think any of you are eligible for that tax credit either.

There's no such thing as a "quick claim."

You can not "take grandma's name of the title." All the lawyers in the world can't do that.

[nextwife]

Dearie,

This is simple. You and Grandma own a house together. You and Grandma are together legally liable for the mortgage. Your Grandma went out on a limb for you, financially. How DARE you accuse her of being greedy or lying to you.

You and BF could have just left her out of the process altogether and simply bought only as much as you and he alone qualified to buy.

If you feel it is important that it to be an owner who contributes most to the mortgage, then get a good JOB and make the mortgage payments! If BF ever splits you need to be completely able to do that anyway.