What Is Mortgage Forbearance?

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With over 30 million people unemployed and over 3 million people seeking forbearance, it’s a good idea for everyone to familiarize themselves with what forbearance is—and what it isn’t—during this challenging time. First, know that forbearance is not the same as forgiveness; forbearance is simply making an arrangement with a provider to or reduce payments for a stated . The great news is that some mortgage companies are offering good options to those who are struggling to make their mortgage payments due to COVID-19. To learn more about mortgage forbearance, watch this short video.

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Luisa Mauro
Luisa Mauro Group
Marathon Real Estate
(512) 220-0565
620 W. 34th Street , TX 78705

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