does PMI pay mortgage in case of the death of the insured?

by pamsmith » Tue Apr 28, 2009 04:06 am

Insured died in 2008. left a balance of $46,000.00 on mortgage. No other name on deed or mortgage. Can administrator of estate file claim to have PMI pay off mortgage?

Total Comments: 25

Posted: Sun Mar 27, 2016 04:32 am Post Subject: Pmi

Got married, bought house together, got divorced but still lived together in house. Had pmi and specifically asked lender if this ins would pay off our home if one of us died. Lender told us yes on several occasions. It would b covered so our kids would at least still have our home. Husband dies and bank for loses on me two years later. Was I misled. I never got anything stating pmi wouldn't cover. Actually I never heard anything at all from them. I have tried to speak with them on several occasions and all I get are questions with questions.

Posted: Sun Feb 12, 2017 04:43 pm Post Subject: death of spouse listed on deed

For 20 years my husband has been on the deed and me on the mortgage, many refi's and not corrected. Now he has died . what are my options. Homeowners insurance of any value here? it is a fannie mae loan

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Posted: Fri Mar 16, 2018 11:51 pm Post Subject: PMI

My son was killed in an accident. He was single, so as a parent
I will receive his investments after probate. Does PMI pay the mortgage on his Home?

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