An Update on Mortgage Forbearance
Scott Griffin Financial, Inc
Scott Griffin Financial, Inc Los Angeles, CA
Published on April 17, 2020

An Update on Mortgage Forbearance

If you have another option that will allow you to make your monthly
mortgage payment, opt for that instead of a forbearance. Here’s why.

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A mortgage forbearance is an opportunity for consumers who have been financially impacted by the coronavirus outbreak to contact their loan servicer and request a short-term extension on your payment due dates (as you know, these payments are not forgiven, they’re just delayed).

Today I wanted to inform you that, just by seeking out forbearance information from your lender, you could actually be negatively affected; you’ll no longer have access to some of these historically low interest rates for a refinance. In this climate, those who simply seek information on forbearance are treated the same as someone who’d actually been granted one.

If you’d like to have a conversation about your options, please give me a call at (818) 20-SCOTT. Stay safe and be well!

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Scott Griffin Financial, Inc
Scott Griffin Financial, Inc Los Angeles, CA
Click to Call or Text:
(310) 456-4494

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