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Mortgage vs Note

This is a topic titled Mortgage vs Note made in the Mortgage Talk section, belongs to our Mortgage Chat category; I'm confused. I'm signing a Quit Claim deed on this property over to my wife. I am on the mortgage papers. But I'm not on the note (...








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Old May 2nd, 2008, 03:49 PM   #1
Mike
Senior Member
 
Registered: Apr 2008
Posts: 1,497
Default Mortgage vs Note

I'm confused. I'm signing a Quit Claim deed on this property over to my wife. I am on the mortgage papers. But I'm not on the note (promissory note). She used her credit only when she refinanced. The mortgage does not show up on my credit, but my name shows up on the property taxes.I only signed a few papers @ closing. If I'm on the mortgage papers, on the deed, But NOT on the note, am I liable for this mortgage once I quit claim it over to her?
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