Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
You are in:  LA Home » Q&A » Mortgages » Mortgage At Death
    

Mortgage At Death
  Hi there.My husband and I have our home in his name only.He is the only one on mortgage and the deed.He is 53 and I am 47.We are in good health .

If he were to die would I have the chance to continue paying the mortgage payments and keep our home or would the bank make me go through the whole process of getting a new mortgage loan? 
 
 

Lenders do not usually call in a mortgage loan when there is a family transfer of title because of death.

 
    Edith
Originally published on January 6, 2006
 
    Back to Summary < Previous   |   Next >  
   
 

About Us | Privacy Policy | Terms & Conditions | Testimonials | FAQ | Site Map | Archive | Useful Documents | Development | Useful Links | Podcasts | Widgets | Contact Us

Copyright © 2007 AskEdith. All rights reserved.