A Little Relief – On Refinance After Forbearance
FHFA announced today that you can refinance three months after forbearance; instead of waiting 12 months.
FHFA announced today that you can refinance three months after forbearance; instead of waiting 12 months.
Act now to refinance; especially if you think you may need help with your mortgage payment in a couple of months.
Federal Housing Finance Agency (FHFA) announced on Wednesday, 5/13/2020, that homeowners with mortgage loans backed by Fannie Mae and Freddie Mac can make up their missed forbearance payments when they sell their home, refinance, or when their loan term is over. This means that you can breathe a little easier if you cannot make the missed mortgage payment within…