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My fiance has an FHA loan.I was not on loan because of a poor credit, but am on Title. In Arizona, if he died can I pay loan?

by stilllostinwonder... from , Arizona. Jun 19th 2014 Reply


Melvin List (melvinlist)
#143 ranked lender in Florida - 124 contributions

Yes, but I would consult a real estate attorney on this one

Jun 20th 2014
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Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions

Good Morning. Any creditor would most likely take payments from any source, so yes, I'm sure your lender would take your payments.

Jun 20th 2014
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

You would have to have someone knowledgeable in reading Mortgage's and the note provided at closing to see the Assumption clause and what it takes to assume a loan, I would seek out a real estate attorney, friend of a friend as I takes 5 minutes tops and hate to see you charged for an hours worth of work.

Jun 20th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Since your not yet married, it's a gray area, but more than likely a lender would allow you to continue to pay, however once your married, the law mandates that the lender must allow you to continue paying. But nothing changes if you start missing payments, they can still foreclose in either scenarios. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jun 20th 2014
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