Estate planning at LoanCare
How to protect 1 LoanCare accounts — file death claims
LoanCare Homeowner Servicing
LoanCare Homeowner Servicing
LoanCare Homeowner Servicing — Deceased Borrower / Successor in Interest
LoanCare is a mortgage servicer, so the estate planning question is about a debt, not an asset. When the borrower dies, the estate must notify LoanCare and resolve the outstanding balance—through payoff, assumption, discharge, or surrender depending on the loan—rather than name a beneficiary.
LoanCare 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 LoanCare.
View details →When someone dies
Death claim process
6-step process, 5 required documents, and contact information for survivors.
View details →Frequently asked questions
LoanCare services it. LoanCare, LLC is a subservicer — a Fidelity National Financial company (NMLS #2916) — that collects payments, sends the monthly statement, and handles day-to-day servicing on behalf of the party that actually OWNS the loan. That owner is often Lakeview Loan Servicing, or the bank or credit union whose branded website the borrower logged in to (many lenders private-label the LoanCare platform under their own name at sites ending in myloancare.com). For an executor this matters in two ways: LoanCare is who you call and write to about payments and the payoff, but the available options for assuming or modifying the loan are set by the loan's owner and applied by LoanCare.
Sources
Data sourced from LoanCare primary sources (5 pages reviewed). How we research.
LoanCare Homeowner Servicing
LoanCare Homeowner Servicing
LoanCare Homeowner Servicing — Deceased Borrower / Successor in Interest
Estate planning articles
Learn how to protect your LoanCare accounts and other assets with trusts, beneficiary designations, and estate planning documents.
