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Brad Lynch, also known as "your mortgage guy for life," discusses quitclaim deeds in this video tutorial. He clarifies the correct terminology, noting that it is often mispronounced as "quick claim deed" but the official term is "quitclaim deed." This deed is used to transfer the grantor's interests in real estate. For example, in a divorce scenario, one spouse can use a quitclaim deed to transfer their ownership interest in the home to the other spouse. Brad encourages viewers to search for him online using the hashtag #ymgfl to find more information about his services related to refinancing, purchases, and divorce lending.