Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
I know it's getting to be an older post, but from what I read today.
"While the programs cannot, by law, hurt their credit scores, they can keep borrowers from refinancing their loans or procuring...
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
Op, were you able to defer payment? PenFed has an online form where you can do so. I think limit might be just 1 month and not 3 months
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
with any proof?
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
My chase account let me defer payments for 3 months, but interest will keep accruing.
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
completely waived???? Damn. Score.
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
Wait time to talk to Pen Fed was 22 hours. I left my number at 7:45 am on Friday, they called me back at 5:30 am on Saturday (Pacific Time).
They waived 1 month payment and said they will send...
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
From cnbc "there will be some accountability: borrowers will have to provide documentation when they set up their repayment plans. Lying then would be considered fraud, a spokeperson for the FHFA...
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
Yo don't have to lose employment. You don't even have to show or prove anything. You just gotta tell them and they go from there
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
I was thinking the same... wonder if you have to lose employment to qualify
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
The wait time on the phone with PenFed has been long lately. I have been wanting to check on that as well.
I guess it would make sense to take advantage of it if you are thinking of selling within...
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
https://som.yale.edu/blog/cares-act-provides-mortgage-forbearance
It appears the legislation waives any penalties, but not interest for forbearance.
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
Unless you really need the cash, I'm not sure if it is a good idea if you can make the payments. I am assuming the interest will still continue to compound. So it might not be as simple as delay 3...
Banks Offering Deferment On Mortgage Payments During Coronavirus with no impact to your credit on home loans for customers - Lets hear your results...
Thread created 03-31-2020 by scrapplejoe
+2 Score
12 Replies
1,967 Views
Please move to Finance section (could of sworn I posted in that section)
https://www.forbes.com/sites/andrewdepietro/2020/03/31/banks-deferment-mortgage-coronavirus/#2983059a56d7
I am hearing...
