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Q: What percentage of Americans have paid off their mortgage?
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What percentage of Americans 40-50 have paid off their mortgage?

25


Why did the mortgage got discharge?

A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.


How do you remove the co signer on the mortgage?

The mortgage must be paid off and refinanced without the co-signer.The mortgage must be paid off and refinanced without the co-signer.The mortgage must be paid off and refinanced without the co-signer.The mortgage must be paid off and refinanced without the co-signer.


How can a cosigner be completely removed from a mortgage?

The mortgage must be paid off and refinanced in a single borrower's name if necessary.The mortgage must be paid off and refinanced in a single borrower's name if necessary.The mortgage must be paid off and refinanced in a single borrower's name if necessary.The mortgage must be paid off and refinanced in a single borrower's name if necessary.


Does the bank sell a reverse mortgage home on owners death?

Yes, unless the mortgage is paid off by the heirs if they want to keep the property.Yes, unless the mortgage is paid off by the heirs if they want to keep the property.Yes, unless the mortgage is paid off by the heirs if they want to keep the property.Yes, unless the mortgage is paid off by the heirs if they want to keep the property.


What happens when you sever a joint mortgage?

You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.


How long Is the Mortgage Insurance Premium paid?

Could be paid for full term of your entire mortgage or paid off in full.


If your name is on the deed but not the mortgage who is responsible for the mortgage when the house is sold?

The mortgage will be paid off from the proceeds of the sale. The buyer's attorney will make certain the mortgage is paid off before the buyer takes title.


Will my mortgage be paid off if i have a heart attack?

No


Who is responsible for a mortgage if the owner dies before its paid off and the house is left to her son in a will?

The mortgage should be paid by the remaining estate. If there is not enough cash left to pay off the mortgage, the house can be sold and the mortgage paid at closing, or if the mortgage is assumable, the son may take on the mortgage as his own debt and keep the house.


What happens to the second mortgage if the first mortgage is paid off?

you then only have to pay the second


How do you know if your mortgage will be paid off if you die?

You check to see if you purchased mortgage insurance.