Key takeaways Mortgage forbearance or deferral can be a crucial lifeline for homeowners who are falling behind on their mortgage. If you do go with one of these options, there are a few key steps you’ll need to take to ensure the process goes smoothly. Have more questions about mortgages? Contact the Ida Terbet Group […]
Tag Archives: mortgage forbearance
Mortgage Forbearance 101: What It Is & When to Use It
Key takeaways If you’re facing financial hardship and can’t make your mortgage payments, forbearance could help you avoid foreclosure. Mortgage forbearance isn’t for everyone, but it could be the right solution depending on your situation. Have more questions about mortgages? Check out our last blog post or contact the Ida Terbet Group today! Everything You […]
Mortgage Forbearance Versus Deferment: What’s the Difference?
Key takeaways: If you can’t afford your mortgage payments due to COVID-19 or another hardship, you actually have more options than you might think. Forbearance and deferment can help at-risk homeowners avoid foreclosure, but it’s important to know the difference between them. Contact the Ida Terbet Group for even more personalized advice regarding mortgages and […]