Hi -

I took a forberance on my mortgage payments. If I have the option to put my missed payments on the back end of my loan, what are the pros and cons??

leon harris

Original Post


Longer mortgage term.

Interest Accrues 

You may not be able to refinance with mortgage forbearance. 

You could face foreclosure if you can't pay your mortgage after the forbearance. 

Forbearance is a temporary fix only, if you can't afford your mortgage. 


Relief from not paying mortgage, so you could free up additional monies.





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