COVID 19- Mortgage Forbearance – Real Estate Loans – Home Loan Payment Options
Hey this is Chris Trapani the Mortgage Pro.
Due to COVID-19, we have millions of newly unemployed homeowners who may be having a hard time and may be seeking Mortgage Forbearance or some kind of mortgage relief, When it comes to Real Estate Loans, there is little try relief Home loan Payment options that you hear about are not necessarily wise options for a homeowner to take.
I want to dispel mortgage relief myths and ensure that you have the appropriate and correct knowledge about what to do, There is no shortage of incorrect information (today we call it fake news) myths, rumors and not properly analyzed home loan forbearance stories. Different state governments have requested that banks and mortgage servicers offer programs to help families in need to help in light of millions of temporarily (we hope) lost jobs. I wanted to take this time and opportunity to encourage you to be diligent in analyzing what your bank offers. Different banks offer different options. Please take very detailed notes – write it all down, ask numerous questions such as “what happens if my job is not available when everyone goes back to work, what happens if I can’t afford to make the higher payment? What will happen if…” and make sure you understand exactly what the future will hold if you fail to live up to your end of the agreement. I don’t want you to wind up in foreclosure and a repayment plan could become extremely expensive and maybe even not possible for some homeowners.
Remember – there are no free rides in mortgages and home loan repayments. Please don’t think anything will be free. You will pay somewhere. That is my reason for this video. mortgage, home loan, mortgages, home loans, real estate loan, COVID-19, COVID-19 virus patient breathing, COVID-19 virus, COVID-19 in the USA, Coronavirus, forbearance, real estate, mortgage forbearance, mortgage relief, what is the mortgage relief program, consumer financial protection bureau, what is a mortgage relief program, what is forbearance, federal mortgage relief, loan forbearance, Coronavirus mortgage, mortgage relief program, cares act loan forgiveness, mortgage help, COVID-19 forbearance, care act, COVID-19 loan We’ve also compiled a list of banks (you can easily find yours and follow up with them to find out your best options) and ask, ask, ask before you go forward and make I’d encourage you to make the payments if that is an option as that is the only way to not wind up with a difficult situation later.
http://www.FireYourLandlord.info for FHA loan application online. Apply online. even FHA Loans bad credit! FHA Loan guidelines for FHA mortgage loans are the same in California and nationally. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ #forbearance #COVID19 #mortgage Like | Share | Comment and Subscribe Apply online now at http://www.FireYourLandlord.info 5-10 mins to get your process started. FHA loans real estate – whole loan process and Fire Your Landlord! To learn how much mortgage can you can qualify for. Watch https://www.youtube.com/watch?v=wA8QL… For an FHA mortgage, or if you have an FHA loan question, call Chris an FHA Loan Officer! Fire Your Landlord with FHA loans to qualify for FHA! Mortgage loan to buy a home with an FHA Home loan!
Chris Trapani NMLS# 240870
EZ Fundings 8577 Haven Ave, Suite 201
Rancho Cucamonga, CA 91730