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Forbearance is when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage. https://www.unitedhousingsolutions.net/
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MORTGAGE FORBEARANCE
Forbearance is when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage
while dealing with short-term crisis, You will have to pay the payment reduction or the paused payments back on the agreed upon end date.
What are the benefits of Mortgage Forbearance? Mortgage forbearance provides temporary relief by allowing you to hit pause while you get back on your feet, to make lower payments or no payments for a specific period of time.
What is Mortgage Modification? www.unitedhousingsolutions.net
Mortgage modification is a process where the terms of an existing mortgage are modified outside the original terms of the contract agreed to by the lender and borrower, due to missed mortgage payment, or and financial hardships. It may involve a reduction in the interest rate, an extension on your repayment period, a different type of loan, reduce your monthly payments to a more affordable one or any combination of the four. www.unitedhousingsolutions.net
COVID-19 related hard ships. Damaged home due to natural or declared disaster. Long term illness or disability (that increased your healthcare costs).Lost your job. Death of a family member (and loss of their income).Sudden increase in property tax, or homeowner association fees. Divorce. www.unitedhousingsolutions.net
United Housing Solutions www.unitedhousingsolutions.net
The best way to ensure you receive the specialized care for your unique mortgage forbearance situation is to speak directly with a mortgage forbearance specialist from United Housing Solutions. Since every circumstance is unique, ensure you are receiving the guidance you deserve from us. www.unitedhousingsolutions.net
CONTACT US 711 East 133 St The Bronx, NY 10454info@unitedhousingsolutions.net (877) 511-2241
THANK YOU FOR YOUR ATTENTION www.unitedhousingsolutions.net