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MORTGAGE
FORBEARANCE
Forbearance is when your mortgage
servicer or lender allows you to
temporarily pay your mortgage at a
lower payment or pause paying your
mortgage
while dealing with short-term
crisis, You will have to pay the
payment reduction or the paused
payments back on the agreed upon
end date.
WHO IS ELIGIBLE FOR A
MORTGAGE
FORBEARANCE?
What are the benefits of
Mortgage Forbearance?
Mortgage forbearance provides
temporary relief by allowing you to hit
pause while you get back on your
feet, to make lower payments or no
payments for a specific period of time.
MORTGAGE
MODIFICATIO
N
What is Mortgage
Modification? www.unitedhousingsolutions.net
Mortgage modification is a process where
the terms of an existing mortgage are
modified outside the original terms of the
contract agreed to by the lender and
borrower, due to missed mortgage
payment, or and financial hardships. It may
involve a reduction in the interest rate, an
extension on your repayment period, a
different type of loan, reduce your monthly
payments to a more affordable one or any
combination of the four.
www.unitedhousingsolutions.net
Who is eligible for a
Mortgage Loan
Modification?
COVID-19 related hard ships.
Damaged home due to natural or
declared disaster. Long term illness
or disability (that increased your
healthcare costs).Lost your job.
Death of a family member (and loss
of their income).Sudden increase in
property tax, or homeowner
association fees. Divorce.
www.unitedhousingsolutions.net
United Housing Solutions
www.unitedhousingsolutions.net
The best way to ensure you receive
the specialized care for your unique
mortgage forbearance situation is to
speak directly with a mortgage
forbearance specialist from United
Housing Solutions. Since every
circumstance is unique, ensure you
are receiving the guidance you
deserve from us.
www.unitedhousingsolutions.net
CALL US TODAY FOR
MORE INFORMATION.
711 East 133 St The Bronx, NY
10454info@unitedhousingsolutions.net
(877) 511-2241
CONTACT US
THANK YOU
FOR YOUR
ATTENTION
www.unitedhousingsolutions.net

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MORTGAGE FORBEARANCE.pptx

  • 1.
  • 3. Forbearance is when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage
  • 4. while dealing with short-term crisis, You will have to pay the payment reduction or the paused payments back on the agreed upon end date.
  • 5. WHO IS ELIGIBLE FOR A MORTGAGE FORBEARANCE?
  • 6. What are the benefits of Mortgage Forbearance? Mortgage forbearance provides temporary relief by allowing you to hit pause while you get back on your feet, to make lower payments or no payments for a specific period of time.
  • 8. What is Mortgage Modification? www.unitedhousingsolutions.net
  • 9. Mortgage modification is a process where the terms of an existing mortgage are modified outside the original terms of the contract agreed to by the lender and borrower, due to missed mortgage payment, or and financial hardships. It may involve a reduction in the interest rate, an extension on your repayment period, a different type of loan, reduce your monthly payments to a more affordable one or any combination of the four. www.unitedhousingsolutions.net
  • 10. Who is eligible for a Mortgage Loan Modification?
  • 11. COVID-19 related hard ships. Damaged home due to natural or declared disaster. Long term illness or disability (that increased your healthcare costs).Lost your job. Death of a family member (and loss of their income).Sudden increase in property tax, or homeowner association fees. Divorce. www.unitedhousingsolutions.net
  • 13. The best way to ensure you receive the specialized care for your unique mortgage forbearance situation is to speak directly with a mortgage forbearance specialist from United Housing Solutions. Since every circumstance is unique, ensure you are receiving the guidance you deserve from us. www.unitedhousingsolutions.net
  • 14. CALL US TODAY FOR MORE INFORMATION.
  • 15. 711 East 133 St The Bronx, NY 10454info@unitedhousingsolutions.net (877) 511-2241 CONTACT US