Posted on: 10th Oct, 2009 02:31 pm
I have been making timely payments on my mtge. for over 3 yrs. since my husband passed away. It is an adjustable rate which will come due next July. I have just learned that my name is not on the Note (just on Mtge. and Deed). I am not getting any help with answers from mtge. co. and would like to know if I walk away from my house, will my credit be adversely effected in any way?
Also, I would like to purchase a much smaller one for myself; is this a possibility?
Thank you.
Lynn V
Also, I would like to purchase a much smaller one for myself; is this a possibility?
Thank you.
Lynn V
Your credit can't be affected if your name isn't on the Note.
