Subjects>Law & Government>Law & Legal Issues

Can a person who is disabled be put on a mortgage?

Anonymous

∙ 13y ago

Updated: 11/11/2022

Yes, depending on their credit record and income and whether those meet the requirements of the lender.

Wiki User

∙ 13y ago

What else can I help you with?

Does homeowners insurance pay your mortgage if you become disabled?

Homeowners insurance does not cover your mortgage if you become disabled. You would need to obtain mortgage protection insurance for that.

Can you get a reverse mortgage if you are disabled but only 57 years old?

What happened to a slave that was totally disabled?

Usually, if a person was disabled, they wouldn't be kept as slaves, just left to die. If a slave became disabled during enslavement, they'd be put out in the streets. Sad, I know.

What will happen if I will going to sell a car that has been mortgage to the bank and sell it to other person?

I think U will arrested And put up in the jail or the person who buys ur car will have to pay the mortgage

If a person left a house in a will with a mortgage payment what happens with the mortgage?

The mortgage has to be resolved. Either it must be sold and the mortgage paid off, or the person inheriting obtains a replacement mortgage.

Can a home be foreclosed on when the mortgage is in a different name from What is on the deed?

Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.

Why is it important to have insurance on a mortgage?

Insurance for one's mortgage is useful as it covers the cost of the mortgage in cases where one loses their job or becomes disabled. It may not necessarily be important, so whether one needs mortgage insurance depends on one's circumstances.

How much money does a person with good credit have to put down for a mortgage?

There are programs that will still do 100% financing. You will need to discuss this with a lender. If possible you will want to put 20% down on a home purchase to keep you out of the PMI (private mortgage insurance).

Can a person who is disabled lose there disabilty if they get a fake leg?

No, they will still be disabled.

How would you dress a disabled person?

You would help them get up. Lean them against you and then help put their shirt and pants on. Its not too complicated.

Can the disabled be sued?

Being disabled does not put one above the law. Anyone can be sued.

Can a second mortgage put your home in foreclosure?

Yes, any unpaid mortgage can put your home in jeopardy of foreclosure.

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