My friend recieved a check for her deceased father after she paid off the mortgage for his home. what do we do
My friend received a escrow check in her deceased fathers name. She paid off the mortgage on his home which he shared with her and her husband. all of their names were on the loan, her dad was the primary borrower. she wants to deposit it into her account, but of course he’s not here to endorse it to her. what can she do??
I had something similar happen this year after my father died on March 4 of this year. We (my mom and I was helping her) got some checks made out to him. The best I could do was sign his name myself and then had my mom sign her name under his and deposited them at the ATM. They all went through just fine, there could have been problems if I tried to do that inside the bank. Everything turned out okay.
What are the best sources of information on Prime equity home loans
I am looking to refi my home mortgage and got a suggestion to check out home equity loan. Need help
You can often refi at local bank with no closing cost home equity loan. That is, provided that you meet standard ratios of debt to income, that you have adequate equity in the home, and that your credit is very good. If you do not meet these qualifications, then you need to go elsewhere for a more traditional home equity loan.,
Can a mortgage lender verify cancel rent checks?
We are trying to get a fha loan an the lender ask for cancel rent checks for the past 12 moths, I just want to know if they verify this checks with the my bank, our do they only need the copies for credit history.
If you are asking if they will verify your rent history then yes they will
Can a bank withdraw funds from an account I have at a different bank to pay an overdue loan?
I have a mortgage with a bank. The renters left and I have no way of covering the mortgage until I get new renters. The bank took the mortgage out of my checking account. If I close this checking account and open another one at a different bank can they access my new checking account to get their funds.
They can’t take it from another bank account unless you provide them with that information. However, you need to find a quick way to pay the mortgage before the bank calls in the loan. In other words, they can demand all the remaining mortgage you owe on the house and if you can’t come up with it, they could start foreclosure proceedings. Good luck.
I have had a title one home improvement loan for the past 3 year. Recently we have been unable to pay…?
I am unemployed, have been trying to find a job, my husbands check pays the basics, mortgage, oil, elec. food…the bank has threatened to turn the loan back over the the government..what happens if they do this? I have pleaded with the bank to reduce the payments and work with me but they can’t or won’t. any info would be appreciated! Thanks
You would be best served by asking the government agency involved what will happen. They will tell you the truth and you will know what you have to do from there.
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