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re: Help me understand the mortgage forbearance agreement

Posted on 4/23/20 at 8:46 am to
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 4/23/20 at 8:46 am to
quote:

The deferred payments will be due at the end of the three-month plan.


Not at my bank

If I have a hardship and can't pay my mortgage it will be added to the back end of my loan with no penalties.

Get a better bank.
Posted by Calen50
Lafayette, LA
Member since Dec 2011
91 posts
Posted on 4/23/20 at 8:56 am to
But what happens to the escrow? Were your house insurance, flood insurance, etc. Added to the back end also?
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