If you have been on the fence, trying to decide when the right time to buy may be, October may prove to be the best month this year to take the leap! Here are some of the top reasons why

Dated: June 15 2021
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In 2019 and 2020, many people were forced to take a forbearance on their loan due to econonomic hardships brought on by the effects of Covid-19. For many Americans, the forbearance ends the end of this month, June 2021.
Forbearance is not loan forgiveness. When loan forbearance ends, the borrow must resume making payments and uphold their agreement to repay the delayed mortgage payments. Just exactly how you make those repayments is a conversation you need to have with your lender about your options BEFORE the forbearance period ends.
There are many options your loan servicer may require for forbearance repayment. Some of these may include:
Now is the time to be having conversations with your lender to know what options you may have regarding repayment. If your mortgage forbearance is ending soon, know what options are available to you in your specific circumstances. Don't wait until foreclosure is upon you.
Note: please consult your mortgage expert for information specific to your situation. This article is intended solely to bring awareness to forbearance ending and options which may or may not be available.
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