There are millions of homeowners who still qualify for a first time mortgage forbearance. A forbearance mortgage option is available for Fannie Mae and Freddie Mac mortgages. Most homeowners do not know that this option is still available. Diego G. Mendez, Esq, mortgage and foreclosure attorney, explains the mortgage forbearance options that are still available even in June, 2021. Don’t miss out. You can stop your payments for up to 6 months. Covid hardship? Maybe a mortgage forbearance is your option.
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01:17 Who is eligible for Mortgage Forbearance?
02:00 What do you need to show for Mortgage Forbearance?
02:45 What Mortgage Forbearance terms do you get?
03:36 Should you take a Mortgage Forbearance?
04:36 Closing thoughts on Mortgage Forbearance