Who Is Responsible For The Mortgage After The Borrower Dies
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Who Is Responsible For The Mortgage After The Borrower Dies

This guide covers who is responsible for the mortgage after the borrower dies. A mortgage is a long-term debt that usually takes decades to pay off. But what happens when the borrower, or the mortgagee, dies before the loan is not fully repaid? Does the mortgage loan die when the borrower dies or passes on…