I want to apply for a home loan, but the property is registered in my father's name and he is no more. Is it possible? Can anybody help clarify my understanding of home loans?
If a property belongs to someone and they die, the property passes on to their estate. Typically it would be your mother (most property held by husband and wife have the right of survivorship). This should have been handled when their will was read as part of the probate process.
After the death of the property owner, the property passes on to the nominee so just get it checked by an advocate who is the nominee and that person can officially sign all the documents of the respective property