Texas mortgage law?

Question

Where do I look to research whether a surviving adult child can assume the mortgage of a deceased parent?

Answer 1

Check with the deceased current mortgage holder. They'll be able to tell you if the loan is assumable or not. More likely it isn't though, and you'll have to get your own mortgage on the property if you'd like to keep it. Speak with an attorney. He'll be able to let you know the specific laws in your state.

Answer 2

You need to contact the lender who holds the mortgage to determine if it is assumable. Chances are good it's NOT, unless it's a quite old mortgage.