A quit claim deed is a release of any and all rights that a person may have in real property. Refinancing a loan is completely different than dealing with ownership interests in real property. It deals with the ability to qualify for a new loan by the title owner of the property at issue.In your situation, given the general question that you have written about, I suggest that you consult with a real estate attorney further about your question as well as a mortgage broker concerning the desired loan.