If you’ve experienced a temporary setback — like unemployment, a job furlough, a divorce, the death of a household provider, illness or disability, or a natural disaster like a tornado or hurricane — and you’re unable to make your monthly mortgage payments for a short time, don’t panic. While many people immediately fear they’ll default on their loan or think that foreclosure is imminent, it’s not always so cut and dry: there’s also forbearance.
What is forbearance?
Continue reading Understanding Mortgage Forbearance at Movement Mortgage Blog.
from Movement Mortgage Blog https://ift.tt/2UMThND
via Naza Finance Blog
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