Real Estate by MNH

Forbearance is when your mortgage service, that’s the company that sends your mortgage statement and manages your loan, or lender allows you to pause or reduce your payments for a limited period of time.

Forbearance does not erase what you owe. You’ll have to repay any missed or reduced payments in the future. So, if you’re able to keep up with your payments, keep making them. The types of forbearance available vary by loan type. During this pandemic, even landlords are seeking forbearance. If you are unable to keep the agreement of your forbearance, please visit www.MNHEntities.com or contact us directly below.