Posted on: 06th Dec, 2010 09:09 am
how do you modify a loan after someone dies?
hi kathylane!
welcome to forums!
if the loan is in the name of the deceased person, then it will not be possible for you to modify the mortgage. however, if you have equity in your property and if you want to transfer the mortgage in your name, then you can refinance the mortgage in your name.
feel free to ask if you've further queries.
sussane
welcome to forums!
if the loan is in the name of the deceased person, then it will not be possible for you to modify the mortgage. however, if you have equity in your property and if you want to transfer the mortgage in your name, then you can refinance the mortgage in your name.
feel free to ask if you've further queries.
sussane