I’m explaining everything you need to know about forbearance.

Want to sell your home? Get a FREE home value report
Want to buy a home? Search all homes for sale

 

Our government has provided programs to help people manage financial hardship due to the pandemic, including forbearance options on mortgages. So, if you are having difficulties paying your mortgage due to the health crisis, you can ask your lender to grant you a delay of payment for up to six months. If you’re still struggling after six months, you can ask for an extension. However, one thing I especially want to emphasize is that forbearance is not forgiveness. To learn everything you need to know about forbearance, watch my latest video above.