mortgage holder has passed away

Question

Jan 22, 2008, 10:58 AM

anitagoff

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Join Date: Jan 2008

Posts: 1

mortgage holder has passed away

When we purchased our home it was financed in my husband name only. Since that time he has passed away. I am on the deed and it is registered within the county which we live. I have continued to make the payments on the home loan. Do I need to tell the mortgage company about his death? If so, what happens to the loan? Will I have to get the house re-financed in my name?

Answers

Jan 22, 2008, 11:05 AM	#2

ScottGem Computer Expert Join Date: Jan 2003 Location: LI, NY - USA Posts: 23,173 Pay to call ScottGem for advice ($.75/min)	Since this is a secured loan its secured by the property. Tell then lender your husband is deceased, they will probably just add your name to the loan.

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