What Happens to a Mortgage If I Die?

Answer One of the issues that all homeowners have to deal with is what would happen to their mortgage if they died. The mortgage is generally the largest debt that most people accumulate in their lifetime... Read More »

Top Q&A For: What Happens to a Mortgage If I Die

What happens if you can't pay your mortgage?

If you cannot pay your mortgage contact your lender. There may be some programs available to make your payment affordable. When nothing can be worked out the lender will foreclose or repossess your... Read More »

What Happens If You Are Late on a Mortgage Payment?

Homeowners are aware that a late payment on a mortgage can negatively affect your credit. But, most homeowners are not exactly sure when their mortgage payment is late, and when the penalties start... Read More »

What happens if a mortgage company fails?

Large lenders Countrywide and Washington Mutual failed in 2008, leaving millions of homeowners in fear of losing their homes. Fortunately, the fears were unfounded. Though the lenders failed, the m... Read More »

What Happens When You Default on a FHA Mortgage?

The Federal Housing Administration (FHA) issues insurance against mortgage default. In other words, an FHA mortgage is protected by the federal government in the event that the homeowner cannot con... Read More »