Key takeaways Mortgage forbearance or deferral can be a crucial lifeline for homeowners who are falling behind on their mortgage. If you do go with one of these options, there are a few key steps you’ll need to take to ensure the process goes smoothly. Have more questions about mortgages? Contact the Ida Terbet Group […]
Category Archives: Forbearance & Deferment Series
Is Mortgage Deferment the Right Option for You?
Key takeaways: If COVID-19 or another financial hardship has kept you from paying your mortgage, deferment could be an option for you. Mortgage deferral can also help you make up your payments after forbearance. Check out our other blog posts or contact the Ida Terbet Group for more personalized advice on mortgages and homeownership! What […]
Mortgage Forbearance 101: What It Is & When to Use It
Key takeaways If you’re facing financial hardship and can’t make your mortgage payments, forbearance could help you avoid foreclosure. Mortgage forbearance isn’t for everyone, but it could be the right solution depending on your situation. Have more questions about mortgages? Check out our last blog post or contact the Ida Terbet Group today! Everything You […]
Mortgage Forbearance Versus Deferment: What’s the Difference?
Key takeaways: If you can’t afford your mortgage payments due to COVID-19 or another hardship, you actually have more options than you might think. Forbearance and deferment can help at-risk homeowners avoid foreclosure, but it’s important to know the difference between them. Contact the Ida Terbet Group for even more personalized advice regarding mortgages and […]