Can I take out a loan to pay a deceased parent’s mortgage? | NC

About this video

Q: Can I take out a loan to pay a deceased parent’s mortgage while the estate is still being handled? A: Sometimes—but it depends on who is borrowing and whether any estate property is being used as collateral. If you take a personal loan in your own name and use that money to make the mortgage payments, that can be allowed—but it is still your debt, and the estate is not automatically required…