Everything You Need to Know About Mortgage Loan Forbearance
Everything You Need to Know About Mortgage Loan Forbearance // The mortgage forbearance program can be very confusing because there has been a lot of changes since it was introduced thanks to the CARES Act. In this video, I share all the details about forbearance including will this affect your credit, who qualifies for forbearance, how to pay back your missed mortgage payments and much more. Some say loan forbearances have helped avoid a foreclosure and eviction crisis.
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Options after Mortgage Loan Forbearances Ends
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Search tools to see if your mortgage loan is backed by Fannie or Freddie:
To see if your loan is owned by Fannie Mae:
https://www.knowyouroptions.com/loanlookup
To see if your loan is owned by Freddie Mac
https://ww3.freddiemac.com/loanlookup/
Comment below: what’s your housing housing market forecast 2021? Do you think a housing crash 2021 will happen and there will be a housing crash or do you think the housing market 2021 will continue to surge?
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Jason Walter, CPA (lic #103885)
Sacramento Realtor/Sacramento real estate agent and native
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More of My YouTube Videos:
Why Aren’t Home Prices Dropping? Housing Market 2020
BEWARE – Why I Cancelled My Mortgage Loan Forbearance Offer
Mortgage Loan Forbearance Update (5 MAJOR CONS of Mortgage Loan Forbearance & More):
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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.
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#housingmarket #loanforbearance #forbearance
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