At a push you'll probably be able to borrow from one that specialises in bad credit mortgages, but this will cost you considerably more.
If your lender sold your home for less than you owed on your mortgage plus interest and sale fees you can expect it to come after you for the shortfall.
According to the law in England, Wales and Northern Ireland, lenders have up to 12 years to start chasing you for the outstanding amount.
But those that are members of trade body The Council of Mortgage Lenders adhere to a voluntary agreement to act within six years.
In Scotland, lenders must usually act within five years.
But no matter where you live in the UK, if it's thought fraud was involved, there's no time limit for beginning recovery action.
And, whether your financial difficulties were your own fault or not, once your former lender has begun the chase to recover its money, there is no limit on how long it can keep after you.
You still own the house if you have a reverse mortgage, yes.
Most likely not depending on what financial situation you're in.
You still owe the money to the mortgage provider.
Yes. There are almost no obstacles if you still own and live in the house after.
Of course. Until you pay off the mortgage loan, you have to pay payments on the home.
You still own the house if you have a reverse mortgage, yes.
Nothing happens to it. It still remains in second place.
Most likely not depending on what financial situation you're in.
it is quite unlikely that you will be able to get a mortgage lender with that history.
You still owe the money to the mortgage provider.
Yes. There are almost no obstacles if you still own and live in the house after.
You should get a quitclaim recorded by the ex-spouse if they are on the title. The mortgage in your name will still be payable. As far as I know, foreigners can have ownership in property in the US
Yes. For any amounts not recovered insluding repo costs.
Of course. Until you pay off the mortgage loan, you have to pay payments on the home.
If they forclose and you are not out by the deadline whatever is still in it is usually forfeited (generally) but check laws in your state.
You can be separated and still live in the same house. No one has to move.The mortgage payment is made by the person whos name is on the mortgage. If it is in both names you are both responsible.
The short answer is, nothing good. As a co-signer, you are still responsible for making sure the mortgage payments are made in full on time. However, you should talk to the bank that holds the mortgage to see what you need to do, particularly if the title of the house doesn't come to you through the will or settling of the estate.