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Brett's Mortgage Blog

How Forbearance Can Affect You…

Good Morning!

I just saw that active Forbearances declined by 435,000 last week.  This is an encouraging sign.

Remember, from a loan perspective it’s very difficult to get a loan if you are currently in Forbearance, and the loan is behind.  Lenders will insist the loan be brought current, and removed from Forbearance before they will give you a loan.

Rates are low right now – a very good time to lock in to a low rate!

That’s it for today.

Thanks for reading!

Brett

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Brett Sampson

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