08/05/2026
Think signing a quitclaim deed removes you from the mortgage? Think again.
This is one of the biggest misconceptions people have during a divorce.
A quitclaim deed can remove your ownership interest in the property, but it does NOT remove your legal responsibility for the mortgage.
If your ex is awarded the home and later misses payments, files bankruptcy, or the loan goes into default, your credit could still be affected if your name remains on that mortgage.
The good news? For a future home purchase, a lender can often exclude that mortgage payment from your debt if the divorce decree awarded the home to your ex and the payments are being made as agreed. But protecting your credit is a different story.
Understanding the difference can save you from costly surprises years down the road.
📲 Call or text The Kelly Zitlow Group at 480 725 0150
We are here to guide you through the mortgage process with clarity and confidence.
Kelly Zitlow, NMLS 164330. Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB. NMLS ID #2258 | MEMBER FDIC | EQUAL HOUSING LENDER