Widow Loan Refinancing Options

Summary

Loan companies generally cannot require refinancing for the original loan amount if payments have been made. The refinancing terms should reflect the remaining balance. Its advisable to review the loan agreement for any special clauses related to death or inheritance. Contact the loan company for clarification based on the current balance. Consulting a local attorney can provide personalized advice and assistance in navigating this situation.

Full Conversation

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I'm sorry to hear about your situation. Generally, loan companies can't require refinancing for the original amount if payments have already been made. It should reflect the remaining balance. You might want to:
- Review the loan agreement for any special clauses.
- Contact the loan company for clarification based on the current balance.
- Consult a local attorney for personalized advice.
Would you like assistance connecting with local lawyers who can better assist you with your case?