What is forbearance?
𝐓𝐀𝐖𝐀𝐍𝐀'𝐒 𝐀𝐍𝐒𝐖𝐄𝐑:
Forbearance is when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage. You will have to pay the payment reduction or the paused payments back later.
There are currently a lot of mortgages in forbearance. There are currently about 2.7 million mortgages in active forbearance nationwide.
Are you currently in forbearance or are struggling to pay your mortgage and need to discuss your options, feel free to reach out to me, anytime!
Tawana Bourne, Broker/Owner- Investor
Trinity Realty LLC
(Mobile/Text) 860.834.1220
Tawana.TrinityRealty@gmail.com
www.RealtorTawanaBourne.com
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