Wednesday, September 2, 2020

When Forbearance Won't Help You...

 Mortgage Broker AdvisorGood Morning!

I've written about this before, but I see it every day, and wanted to remind you...

Remember, from a loan perspective it’s very difficult to get a loan if you are currently in Forbearance, and the loan is behind.

Lenders will insist the loan be brought current, and removed from Forbearance before they will give you a loan.

Rates are low right now – a very good time to lock in to a low rate!

That’s it for today.

Thanks for reading!

Brett

 

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