Who evers name is on the mortgage. The bank doesnt care if you are separated or getting a divorce. The note was taken with the promise to pay by the person/s that signed the paper. By law if your name is not on the note then you don't have to pay but I would still pay half if I was you,then this way there are no problems in the future when the division of assests comes into play. If you or soon to be ex stop paying that is less then what you may get out of sale of home or split.
Whoever signed the note and mortgage is equally responsible for paying it. If two people signed they are equally responsible for paying it.
In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.
When in a no cost refinancing situation the person who has the mortgage actually pays for them however they are built into the financing or mortgage itself.
They are still married, but have been separated for years.
Catherine Hogarth, but they weren't divorced they were separated
yes
No, separated.
If there is a will, the executor makes all mortgage payments from the estate of the deceased.
they are divorced
Divorced.
No, separated.
The funds from the new mortgage are advanced to your solicitor who pays out the current first mortgage.