# Can a mortgage be refinanced before probate is complete?

> Generally no — lenders need a Grant of Probate to confirm the executor's authority before refinancing. Private 'estate loans' can bridge the gap but typically price 2–4% above market.

Category: Legal
Last verified: 2026-02-18
Source: https://ratellow.com/faqs/legal/can-a-mortgage-be-refinanced-before-probate-is-complete

## Answer
Generally, no. Lenders require a Grant of Probate to confirm the executor's authority to encumber the property. However, some 'estate loans' or private lenders can provide bridge financing to pay off debts or cover expenses during the probate period, using the home's equity as security. This is often an expensive but necessary short-term solution.

## Related guide
- https://ratellow.com/guides/estate-inheritance-mortgage

## Sources
- FCAC Consumer Rights: Death of a Borrower — https://www.canada.ca/en/financial-consumer-agency/services/industry/laws-regulations/guideline-existing-mortgage-loans-exceptional-circumstances.html#toc6
- B-20 Underwriting: Title Changes — https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/residential-mortgage-underwriting-practices-procedures-guideline-2017#2.2.2