News & Noteworthy
What Happens to Your Mortgage When You Die?
Many folks designate who inherits their home should they pass away, but few consider the ramifications of the decision should they die before the mortgage is paid. If you have a co-signer or co-borrower, the home and mortgage responsibility would automatically pass to them. They can either maintain the home and continue payments or sell it. Should the sales price fail to cover the balance… Find Out More >>