I am holding title to two condos which had been quit claimed to me.
I took over the titles subject to existing loans. Now I want to refinance them in my name which I can do but conventional mortgage broker said that I have to quitclaim them back to their former owners and arrange a sale.
That’s not a good advise really, besides I do know that holding the titles should make it easier to refinance.
What kind of lenders can help? Please advise