Compare Mortgage Quotes

Guest

My late husband took a second mortgae on our home. It is in his name only, i found the original documents after i called the bank and they said my name was not on the loan. My husband died, do i have to pay the loan back. The house was in both names, now it is in mine. Do i need to talk to a lawyer? I live in ohio.

tomburris · Posted: Tue Jan 24, 2012 7:17 pm Post subject:

the lender certainly has a lien on the property.
even though you are not in a community property state... you are likely on the hook
but i would talk to a real estate attorney

jameshogg · Posted: Tue Jan 24, 2012 11:11 pm Post subject:

Hi Youngwidow,

If your name is not mentioned on the mortgage docs, then you are not liable for the loan. But if you want to save the property, then you will have to get the mortgage transferred in your name through assumption or refinance and pay off the mortgage.

Thanks

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Second mortgage taken without my consent, do i pay it back?

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1