Understanding Mortgage Forbearance

Understanding Mortgage Forbearance

If you’ve experienced a temporary setback — like unemployment, a job furlough, a divorce, the death of a household provider, illness or disability, or a natural disaster like a tornado or hurricane — and you’re unable to make your monthly mortgage payments for a short time, don’t panic. While many people immediately fear they’ll default on their loan or think that foreclosure is imminent, it’s not always so cut and dry: there’s also forbearance. 

What is forbearance? 

Continue reading Understanding Mortgage Forbearance at Movement Mortgage Blog.

About the authors

Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

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Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

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