Online Course: Forbearance and other Mortgage Payment Options
- June 6, 2021
- By: Greenpath Financial Wellness
Course length: 10 minutes
When looking at the options available to keep your home (or leave your home) it’s easy to get confused. There are a lot of industry terms to take in, assess, and then decide what’s in your best interest.
In this course we will:
- Share an example of a conversation with a servicer so you get an idea of what to expect and the options available before you call
- Provide a list of vocabulary words to have handy when discussing your mortgage with your servicer
- Consider the pros and cons of the options to keep and to leave your home, to help you decide what you want
For those who started their forbearance earlier in the pandemic, their initial pause on payments might be coming to an end, but it could be possible to extend the forbearance or consider other options.
For those who have not done a forbearance this course may still be for you. You can review options with your mortgage company if you are finding it difficult to make your payments.