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CajeanL50 Asked May 2012

How can I get a copy of mom's original mortgage when company no longer exists?

Pretty sure I'll need it for her Medicaid application. We've looked high and low and can't find the mortgage in lock box, or anywhere. The house was paid off in the '80s. Maybe another company took over the original one, but how do I find out? No listing online.

igloo572 May 2012
For my mom's Medicaid application, they did not want a release of the Deed of Trust or any other mortgage paperwork for the assessors office. But they did want a copy of the current tax assessment - this is usually a 1 page form that has the property address and parcel info and taxes due (homestead, school, health district...). This goes out in most places in October and is due for January. Most assessors have this on-line at minimal fees.

Medicaid review looks to see if the property has a homestead exemption in place - if not then the property could be viewed as an asset rather than "exempt".
Also a copy of the property assessment goes to the states MERP program, where it remains inactive until the owner dies and Medicaid recoup/recovery happens.

CajeanL50 May 2012
Thanks Cattails and suzmarie, would you believe I found it in a very unexpected place???Yea!!!!! Thanks again for your advice. ♥

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anonymous95109 May 2012
I don't know what state you are in, but your county records should have a copy of the original deed of trust and also a copy of the recorded reconveyance that would have been issued when the loan was paid off. These terms apply in California, but there should be similar forms in your state. If you have a local title company, you could talk to them and see if they can look it up and give you copies of the documents. Good luck, Cattails.

momhouseme May 2012
Wow. The city or county public records?

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