I would like to remove a mortgage from my credit report. How can I go about it while still keeping the property without being on my credit.
@Al Myers you could ask the credit reporting agency to confirm that the loan belongs on your credit report. If the lender does not get back to them or gets back to slowly it may be removed. Other than that if it is a legitimate loan they of course it is going to be there.
Why do you want to remove it. If it is being paid on time it will help your credit over the long run. Just because it is not on your credit report, that does not mean you can leave off a credit application. That may be considered bank fraud.
I believe your lender (if they found out) would then be able to call the note due. Not worth the risk imo.
Are you just trying to get the mortgage off your credit report or are you looking to re-title the property?
The easiest is to refinance and place it with a lender that accepts LLCS.
@Ned Carey I would like to change the title on the property into LLC. I'm hearing WY is the place to do it.
@Andre Lujan can I add multiple houses under one LLC?
I pm'd you my long response.