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Customer Service > Questions & Answers > Frequently Asked Questions > Personal Banking >

Home Loans (Servicing Your Loan)

How can I remove a borrower from or add a borrower to my loan?

In order for a borrower or all parties on the loan to be removed from liability, a formal assumption is required. A formal assumption would apply for the following situations: divorce, death of sole borrower (owner), and a transfer or sale of the property. Similar requirements would apply to add an individual to the loan. Please keep in mind that not all loans can be assumed.