Mortgage forbearance is ending—what next?
When mortgage forbearance comes to an end, what’s the next step? Florida foreclosure lawyer Mike Wasylik explains some of the options to save your home and avoid foreclosure.
When your forbearance ends, your lender is going to want to know what’s you’re willing to do in order to catch up those past payments. Depending on what kind of loan you have, and who your lender is, your options are going to be different. Do you have a federal loan with Fannie Mae or Freddie Mac? Do you have a VA, FHA, or USDA home loan? Are you dealing with Wells Fargo or Mr. Cooper (Nationstar)? What if your loan is none of the above?
Each of these loans requires a different approach and in this video, you’ll learn how to find out whta type of loan you have and how to pick the best strategy for dealing with past-due mortgage payments after forbearance.
Want help figuring out your next steps when your forbearance ends? Call us at 352-567-3173 for a FREE 30-minute appointment with one of our lawyers (BE SURE to mention this “forbearance ending” video!) to find out how we can help you.
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