If you and your spouse own your house jointly, the responsibility for the mortgage will pass to your surviving spouse. However, under federal law, a lender cannot force your surviving spouse to immediately pay the entirety of the outstanding mortgage upon your death.

Can I assume my deceased husband’s mortgage?

Since the surviving spouse inherited the house from your spouse, you may be eligible to assume the mortgage under federal law. Even if your name was not on the mortgage, once you receive title to the property and obtain lender consent, you may assume the existing loan.

How do I take my deceased husband off the mortgage?

While nothing needs to be done, the best practice is for a surviving owner to formally record the transfer of the interest. File an affidavit of survivorship with the recorder’s office to remove the deceased person’s name from the title.

When did my husband pass away and our mortgage?

My husband passed away in May 2011 of a health problem due to alcohol and pill addiction. He has no will. We purchased our home together and both our names are on the morgage loan. Can I have the mortgage company remove his name. Ask a lawyer – it’s free! The above answers are accurate and good advice.

How can I remove my husband’s name from my mortgage?

My husband passed away and our mortgage is in both our names. Can I have the mortgage company remove his name with a death cert My husband passed away in May 2011 of a health problem due to alcohol and pill addiction. He has no will. We purchased our home together and both our names are on the morgage loan.

Can a deceased spouse get a reverse mortgage?

If you have enough equity in your home you should look at a Reverse Mortgage, for there are no income qualifications and your heirs will get what is left over of your equity when you die just like if you died tomorrow your heirs would get the cash left over after the sale of your home.

What should I do if my husband passed away?

The above answers are accurate and good advice. Advise the mortgage company immediately of your husband’s death. At some time, maybe now, while you have it on your plate, you may wish to get the property deed transferred solely into your name in preparation of some future… The prior answer is absolutely correct.