What happens to mortgage loans when a borrower dies?
It’s a situation no lender wants to face—but when a borrower passes away, the bank still has a loan to recover.
- Can you sell the property?
- Do you have legal authority to act?
- What if the family delays taking action?
- Kenya’s Law of Succession Act provides a clear roadmap, yet many banks unknowingly risk intermeddling—a criminal offense!
Read our one-minute guide for key insights on navigating mortgage loan recovery legally and effectively. Article by @Stella Muraguri