My girlfriend and I are splitting up, but bought a home together 3 years ago. Talked with our currwnt mortgage lender and found out the mortgage is not assumable. We are in Oregon.

Trying to find out what can be done with removing her name without having to refinance with just myself. I am currently making more than what our combined income was when the mortgage application was completed, so not concerned about qualifying. Refinancing would almost triple the rate and potentially increase the mortgage payment by 75%, which is what I really want to avoid.

If we can't remove her without financing, is their legal paperwork we can put together that states that I am taking full responsibility for the mortgage and all insurance? And would this suffice for mortgage underwriting so as to show she is not having to pay for any portion of the mortgage? As she does still want to try and purchase her own home within the next year or so, and I don’t want this to count against her and prevent her from qualifying for her own mortgage. I'd be willing to even have this home listed as collateral.

We have a much deeper family connection and are still very amicable with our relationship and are in an understanding of doing what we can to help each other.