A Forbearance Agreement is when you are able to defer or miss some mortgage payments without a foreclosure action because of the CARES act. This act says that any loan sponsored or owned by the government will not be reported as a late payment on your credit report. It can be attractive to investors, but Kevin is here to talk about some myths and deadly facts about the Forbearance Agreement.
We know this can be a scary time for investors, but we are here to help with your real estate investing needs. If you have any questions or want to get your next project started, reach out to us at https://www.pinefinancialgroup.com/.