Mortgage Forbearance Trap. Should you apply for a loan modification? How to protect your credit.
Автор: Motivational Esquire
Загружено: 2020-11-09
Просмотров: 12656
The end of Cares Act Mortgage Forbearance is coming and homeowners have to make choices. Mortgage forbearance pros and cons during covid 19 are complicated, but you can make the right choice for you and your family. Loan Modification? Deferral? Lump sum payment? Mortgage Extension? What option should you choose? What happens if you can't afford your mortgage payment? Maybe you should attempt a loan modification. Diego G. Mendez, Esq, bankruptcy, debt and loan modification attorney in Miami, FL helps you make an informed decision on how to proceed and keep your home.
00:00 Intro
01:24 Initial Consideration
02:47 Full Repayment
04:50 Pay Over Time (Intermittent Payment)
06:51 Mortgage Extension
07:55 Deferral
09:58 Mortgage Modification
12:17 End
Diego G. Mendez, Esq
Miami, FL
@MotivationalEsquire
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