In this Video, we switch gears on Web Wednesday away from marketing strategies and disuses Covid-19 Mortgage Loan Forbearance, how it may be able to help you in the short-term should you need to, but also how it may potentially harm your credit for future mortgages and loans.
Maximus Internet Marketing’s, Dave Di Paolo is joined by Chris Swartz from First Choice Mortgage to breakdown the different types of forbearance and relief that are currently being offered by mortgage companies while we deal with the Covid-19 pandemic.
It is important to understand how forbearance, payment plans, and loan modifications work, and how they can affect your credit. We also talk about some great online tools that may assist you for credit monitoring and mortgage forbearance information.
Here are some online links and tools:
Mortgage Forbearance Information Library:
https://forbearancereport.com/
Credit Monitoring Tool:
Meetings Link (For Chris Swartz to do a mortgage evaluation for you):
https://go.oncehub.com/cswartz
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