Can a car not under my name be mortgaged?

[McMiranda]

Yes, as long as the vehicle owner agrees, this type of loan is called an auto title loan. Here is relevant information about auto title loans: Fully-paid vehicle: refers to mortgaging a car that was either purchased with a lump-sum payment or has completed installment payments, making it a fully-paid vehicle. Advantages of auto title loans: (1) Quickly obtain cash flow without selling the car, avoiding the time and cost of repurchasing a vehicle when funds become available. (2) Eliminates the awkwardness of borrowing from relatives and friends, and prevents others from knowing about your financial shortage.