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Also known as a flexible mortgage, an off set mortgage allows the amount of interest owed to be reduced by offsetting a credit balance. Offset mortgages are commonly used in the UK.

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11y ago

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Can heirs make payments to keep the home of a reverse mortgage?

Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.


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.


Can your name be taken off mortgage without a signature?

Your name cannot be taken off a mortgage because the mortgage is owned by the lender. You remain responsible for the mortgage until it is paid off or refinanced without you.


How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.


How can a second mortgage loan be discharged?

Any mortgage can be discharged by paying it off.Any mortgage can be discharged by paying it off.Any mortgage can be discharged by paying it off.Any mortgage can be discharged by paying it off.

Related Questions

Can heirs make payments to keep the home of a reverse mortgage?

Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.Yes. They can pay off the mortgage within a certain time period set by the lender.


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.


to pay off a mortgage?

which grant can I apply to pay off a mortgage


Can your name be taken off mortgage without a signature?

Your name cannot be taken off a mortgage because the mortgage is owned by the lender. You remain responsible for the mortgage until it is paid off or refinanced without you.


How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.


How can a second mortgage loan be discharged?

Any mortgage can be discharged by paying it off.Any mortgage can be discharged by paying it off.Any mortgage can be discharged by paying it off.Any mortgage can be discharged by paying it off.


How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


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 I make biweekly mortgage payments?

To make biweekly mortgage payments, you can contact your lender to set up a biweekly payment plan. This involves paying half of your monthly mortgage amount every two weeks, which can help you pay off your mortgage faster and save on interest costs over time.


How do I get my name off my parents mortgage interest statement from when the house was in my name years ago but changed?

If you signed a mortgage, your name won't come off until the mortgage is paid off.


Do I pay off my mortgage buy more gold or invest in more stock?

Pay off your mortgage.