The only way to remove the loan of your name is to have it financed under another persons name. If it's FHA you can have the current try to assume the note. But overall you will need to have a lender help you with the process. Or the other option is to sell the house, that would transfer the house note to the new owner.
Good evening Johnny,
This question is a hard topic, the only way to remove ones name from the loan/deed, is to sell the home to the other party. Some lenders will allow the loan to be assumed so that may be an option, or the other option is to truly sell the home to the other party. As your lender will not remove your name and liability unless some is there that they approve to replace you or they are paid in full.
I just helped a family with this very situation. As long as there are two parties working to accomplish this goal it can be done. Give me a call so that I can get further details from you on your situation.
RE/MAX Northwest Realtors
The Homes.com Questions and Answers Community offers a great opportunity for Texas real estate professionals to connect with the public. Consumers looking for an apartment for rent or homes for sale in Texas can reach out for answers to their questions about financing and credit. By offering answers,Texas mortgage lenders and other professionals can demonstrate value and build credibility. Registered users can even set alerts for local coverage areas in order to be contacted when questions are posted in areas of choice. Other tools of particular interest to consumers buying a house include the Homes.com Texas home values tool, the mortgage rates section, and the mortgage calculator.