COVID-19 Loan Modification Help

 The COVID-19 Virus also known as the Coronavirus is a pandemic. Measures are being taken by the government body’s to support Americans going through hardships. It’s unclear what programs are going to be rolled out for delinquent homeowners affected by this virus. The potential scenario that makes the most sense is that delinquent borrowers may be offered some sort of forbearance plan. It’s unclear what will happen once that forbearance plan is over. We expect that homeowners who are still unemployed or who do not make enough money to keep their home will face challenges as sufficient employment and income are generally the standard for getting approved for a loan modification. Time will if any special programs will be offered or if guarenteed forberance plans will be offered and for what duration of time.

If you need to go over the options to help retain your property or have questions, please fill out the form below or call 1-800-692-9960 and a specialist will be in touch with you shortly.