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Does anyone know what happens to mortgages when the SHTF?

posted 2 years ago by GODisinc0ntr0l 2 years ago by GODisinc0ntr0l +46 / -0

Who will own them? We still owe 15 years on ours... will it even matter? We have a fixed rate conventional loan. Can we discuss some probabilities?

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– navycuda 10 points 2 years ago +11 / -1

SHTF is too variable.

If the government is still functioning, assume your mortgage is due.

If there is no government, no police, no military, no services... probably can put mortgage payments at a lower priority.

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– VetforTrump 1 point 2 years ago +1 / -0

Bullshit. Research the Cares act. All government backed loans VA, FHA, HUD etc are all covered.

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