Mortgage forbearance is an agreement that lets homeowners reduce or suspend their mortgage payments if their income was affected by the Covid 19 pandemic.
If you have accepted a Covid 19 forbearance, we can still work with you. However, it is important for you to know that if you are currently in a forbearance plan and it HAS NOT expired, you will need to pay the loan current with your own, verified funds. If you don't have the money to pay yourself current, please speak with one of our loan officers so we can formulate a plan for you after the forbearance has ended.
If your forbearance has ended, you will need to have made 3 monthly payments after the agreement expiration in order to qualify for a refinance.
If you are still unsure if you will qualify, contact us and we will be happy to help you.