We have a loan that is maturing that has force placed hazard ins. How does your bank handle this? Can the loan be renewed, no new money?

This will be entirely dependent on your internal policies. There is no regulatory requirement that I'm aware of that would prevent you from closing the loan with forced placed hazard insurance.

Now, whether you should close a loan in such a case for a borrower that can't or refuses to meet the obligation of their current loan/security agreement is another discussion.

Thanks Dan.

This is a renewal, the money is out the door, no new money. Hoping to keep it out of foreclosre, cust is paying.

Not likely to get another loan.