How To Refinance Your Home If Your Spouse or Partner Recently Passed Away

The death of a spouse or partner is a painful, overwhelming experience. Quite apart from the emotional loss, it can be difficult to have to handle your finances suddenly on your own, including your home mortgage.

While this is not an easy payment to face, remember that federal law prohibits lenders from requiring the surviving spouse to pay the entire mortgage amount due upon a spouse’s passing.

If you’re considering the refinancing route as someone who recently faced loss, here’s what you need to know.