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Mortgage assumption questions.

Myself and my (never married) expartner own a home together. We split up 8 months ago.
We agreed to terms and a private settlement and agreement for me to take over the house. My ex is growing increasingly less patient and wants her name off of things.

Chase bank owns our mortgage and I initiated the assumption process in September. They have been giving me the absolute run around, 30 day processing between each round of paperwork, pulled my credit twice, received bank account and all financial information 5 times. It seems, between income, savings, and investments I should more than qualify. They gave me hard figures on closing costs and fees if I did qualify, leading me to believe there was some hope. I’m sick of being at their mercy and having this hanging over my head.

Couple questions: Is there any way they’ll eventually approve it?

Can I do anything to speed them up?

Is there any additional information I should volunteer to increase my chances?

Any advice?

submitted by /u/landof10klakes
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1bzkode/mortgage_assumption_questions/
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