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 tdw
Joined: 14 Oct 2009
Posts: 1
1.30 Dollars($)
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 Posted: Wed Oct 14, 2009 10:27 am Post subject: My husband died and we are both listed as borrowers for our |
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| With my husbands death will the mortgage company make me reapply for the loan? We are listed as co-borrowers |
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jveenstra
Community Experts
Joined: 10 Nov 2008
Posts: 555
Location: River Edge, New Jersey
130.20 Dollars($)
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| Posted: Wed Oct 14, 2009 1:23 pm Post subject: Mortgage |
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No, not as long as the mortgage payments continue to be made on time.
_________________
John Veenstra
Senior Mortgage Consultant
Approved Funding Corp
41 Grand Avenue
River Edge, NJ 07661
800-475-0123 Ext 278
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9808
Location: bloomfield, ct
45.23 Dollars($)
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| Posted: Wed Oct 14, 2009 1:25 pm Post subject: |
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lenders don't monitor the obituaries, and they aren't concerned about who is paying the mortgage, as long as they're continuing to get paid.
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George M. Akerley
Loan Consultant
860-221-5044 |
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Tennille
Guest
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| Posted: Wed Oct 14, 2009 2:00 pm Post subject: My husband died and we are both listed as borrowers for our |
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| But do I have to remove his name from the loan? |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9808
Location: bloomfield, ct
45.23 Dollars($)
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| Posted: Wed Oct 14, 2009 4:52 pm Post subject: |
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just keep making the payments, tennille. you could always refinance if that suits you, but you may find it easier just to continue paying until it's gone completely.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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