Mortgage
A loan secured by real estate that must be dealt with when the owner dies.
What Mortgage means in an estate
When a homeowner dies, the mortgage does not disappear; it remains a debt against the house. Heirs who want to keep the property generally must keep paying it or refinance, while federal rules let certain relatives take over payments without the loan being called due. The executor decides, with the beneficiaries, whether to keep, sell, or pay off the mortgaged property.
How this works in your state
The concept is national, but the forms, procedure names, thresholds, and filing practice vary by state. Open your state glossary and guides to see how mortgage is handled where the estate is being settled.
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Information current as of April 4, 2026
Settled Estate is not a law firm, and this content is for informational purposes only and does not constitute legal advice. Probate laws and procedures in your state can change. Consult with a qualified attorney for advice specific to your situation. Full disclaimer.