Estate planning at BSI Financial
How to protect 1 BSI Financial accounts — file claims through BSI Financial's BSI Financial Loss Mitigation (Assumptions & Hardship)
BSI Financial Customer Care
General customer service: BSI Financial Services, P.O. Box 517, Titusville, PA 16354-0517. Qualified Written Requests / Notice of Error: BSI Financial Services, Attn: Qualified Written Requests, P.O. Box 517, 314 S. Franklin Street, Titusville, PA 16354. Payments (regular mail): BSI Financial Services, P.O. Box 679002, Dallas, TX 75267-9002.
BSI Financial Loss Mitigation (Assumptions & Hardship)
Assumptions: BSI Financial Services, Attention: Loss Mitigation, 314 S. Franklin Street, Titusville, PA 16354. Hardship / loss mitigation: BSI Financial Services, Attn: Default Resolution Team, 314 S. Franklin Street, Titusville, PA 16354.
BSI Financial Customer Care (Deceased Borrower / Successor in Interest)
BSI Financial Services, Attn: Qualified Written Requests, P.O. Box 517, 314 S. Franklin Street, Titusville, PA 16354
BSI Financial services loans, which means at death the focus is settling what is owed. The estate notifies BSI Financial, provides documentation of authority, and works through payoff or the loan-specific options available to survivors.
BSI Financial has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
Preparing your estate
Beneficiaries and trust funding
How to review 1 account types at BSI Financial.
View details →When someone dies
Death claim process
Contact BSI Financial's BSI Financial Loss Mitigation (Assumptions & Hardship) to file a claim. 6-step process, 5 required documents, and contact information for survivors.
View details →For questions about any of these procedures, contact BSI Financial's BSI Financial Loss Mitigation (Assumptions & Hardship) at 800.327.7861.
Frequently asked questions
Possibly. To find out whether the loan is assumable, forward a written request with a copy of your Driver's License and the loan number to BSI Financial Services, Attention: Loss Mitigation, 314 S. Franklin Street, Titusville, PA 16354. BSI reviews the note and mortgage; if the loan is assumable it sends an assumption package within about 15 business days, and the assumption process usually takes 4 to 8 weeks. A relative who inherits and occupies the home is generally protected from a due-on-sale acceleration under the federal Garn-St Germain Act while the estate keeps the loan current.
Order a payoff quote from BSI at least 5 business days before the intended payoff or closing date; BSI representatives do not give verbal payoff quotes. The estate can then pay the balance from estate funds, insurance, or sale proceeds. Once the loan is paid in full, the lien on the home is released so the property can be retitled to an heir or sold with clear title.
Sources
Data sourced from BSI Financial primary sources (4 pages reviewed). How we research.
BSI Financial Customer Care
General customer service: BSI Financial Services, P.O. Box 517, Titusville, PA 16354-0517. Qualified Written Requests / Notice of Error: BSI Financial Services, Attn: Qualified Written Requests, P.O. Box 517, 314 S. Franklin Street, Titusville, PA 16354. Payments (regular mail): BSI Financial Services, P.O. Box 679002, Dallas, TX 75267-9002.
BSI Financial Loss Mitigation (Assumptions & Hardship)
Assumptions: BSI Financial Services, Attention: Loss Mitigation, 314 S. Franklin Street, Titusville, PA 16354. Hardship / loss mitigation: BSI Financial Services, Attn: Default Resolution Team, 314 S. Franklin Street, Titusville, PA 16354.
BSI Financial Customer Care (Deceased Borrower / Successor in Interest)
BSI Financial Services, Attn: Qualified Written Requests, P.O. Box 517, 314 S. Franklin Street, Titusville, PA 16354
Estate planning articles
Learn how to protect your BSI Financial accounts and other assets with trusts, beneficiary designations, and estate planning documents.
